**Morgan Stanley Faces Scrutiny Over Bitcoin ETFs**

Morgan Stanley, the largest wealth manager in the U.S., is under the spotlight after allowing its 15,000 financial advisors to recommend Bitcoin exchange-traded funds (ETFs). Former SEC official John Reed Stark warns this move could trigger intense compliance scrutiny from both the SEC and FINRA.

Stark predicts regulators will have easy access to extensive records, making it straightforward to identify any violations. This follows reports that Morgan Stanley is endorsing BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund. Industry experts anticipate significant inflows into these Bitcoin ETFs in the coming months.