According to BlockBeats, on April 25, AdvisorHub reported, citing people familiar with the matter, that Morgan Stanley plans to recommend Bitcoin ETFs to clients through its 15,000 brokers. Since it was approved by regulators in January, Morgan Stanley has offered Bitcoin ETFs, but only offered them, not actively promoted them, and clients still have to consult their advisors about investment matters. However, this situation may be about to change, and people familiar with the matter said, "Morgan Stanley may make every client aware of the Bitcoin ETF in a controlled manner."