Morgan Stanley Reveals $187 Million Position In IBIT, Nearly Sells Out Of GBTC In Q2 !!
According to a recently filed form 13F filing, United States investment banking firm Morgan Stanley held roughly $188 million worth of shares in BlackRock’s iShares Bitcoin Trust ETF (IBIT) as of June 30. Notably, this makes the investment bank a top-five shareholder of the ETF.
The bank also disclosed that it owned $1.57 million worth of shares in the ARK 21Shares Bitcoin ETF (ARKB), down slightly from the $2.3 million allocation it showed at the end of the first quarter.
Morgan Stanley also appears to have almost completely sold off the shares it held in the Grayscale Bitcoin Trust (GBTC). Its latest filing showed a position worth $148,000 in GBTC, down significantly from the $269.9 million position it showed in the previous quarter.