\n

The disclosure underscores the bank\u2019s substantial allocation to Bitcoin-related assets, likely on behalf of its clients, and reflects the growing interest in cryptocurrency among institutional investors. <\/p>\n\n\n\n

This trend is not unique to Morgan Stanley; other major banks such as JPMorgan, Wells Fargo, and UBS also reported holdings in spot Bitcoin ETFs during the first quarter.<\/p>\n","post_title":"Morgan Stanley Offers Bitcoin ETFs To Eligible Clients","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"morgan-stanley-offers-bitcoin-etfs-to-eligible-clients","to_ping":"","pinged":"","post_modified":"2024-08-04 23:47:29","post_modified_gmt":"2024-08-04 13:47:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18072","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 4 5 6 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Last March 31, Morgan Stanley revealed <\/a>significant investments in Bitcoin exchange-traded funds (ETFs). The company holds nearly $270 million worth of Grayscale\u2019s Bitcoin Trust.<\/p>\n\n\n\n

The disclosure underscores the bank\u2019s substantial allocation to Bitcoin-related assets, likely on behalf of its clients, and reflects the growing interest in cryptocurrency among institutional investors. <\/p>\n\n\n\n

This trend is not unique to Morgan Stanley; other major banks such as JPMorgan, Wells Fargo, and UBS also reported holdings in spot Bitcoin ETFs during the first quarter.<\/p>\n","post_title":"Morgan Stanley Offers Bitcoin ETFs To Eligible Clients","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"morgan-stanley-offers-bitcoin-etfs-to-eligible-clients","to_ping":"","pinged":"","post_modified":"2024-08-04 23:47:29","post_modified_gmt":"2024-08-04 13:47:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18072","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 4 5 6 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n

Last March 31, Morgan Stanley revealed <\/a>significant investments in Bitcoin exchange-traded funds (ETFs). The company holds nearly $270 million worth of Grayscale\u2019s Bitcoin Trust.<\/p>\n\n\n\n

The disclosure underscores the bank\u2019s substantial allocation to Bitcoin-related assets, likely on behalf of its clients, and reflects the growing interest in cryptocurrency among institutional investors. <\/p>\n\n\n\n

This trend is not unique to Morgan Stanley; other major banks such as JPMorgan, Wells Fargo, and UBS also reported holdings in spot Bitcoin ETFs during the first quarter.<\/p>\n","post_title":"Morgan Stanley Offers Bitcoin ETFs To Eligible Clients","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"morgan-stanley-offers-bitcoin-etfs-to-eligible-clients","to_ping":"","pinged":"","post_modified":"2024-08-04 23:47:29","post_modified_gmt":"2024-08-04 13:47:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18072","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 2 3 4 5 6 20

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

See Related:<\/em><\/strong> Morgan Stanley Discloses $270M Spot Bitcoin ETF Holdings<\/a><\/p>\n\n\n\n

Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n

Last March 31, Morgan Stanley revealed <\/a>significant investments in Bitcoin exchange-traded funds (ETFs). The company holds nearly $270 million worth of Grayscale\u2019s Bitcoin Trust.<\/p>\n\n\n\n

The disclosure underscores the bank\u2019s substantial allocation to Bitcoin-related assets, likely on behalf of its clients, and reflects the growing interest in cryptocurrency among institutional investors. <\/p>\n\n\n\n

This trend is not unique to Morgan Stanley; other major banks such as JPMorgan, Wells Fargo, and UBS also reported holdings in spot Bitcoin ETFs during the first quarter.<\/p>\n","post_title":"Morgan Stanley Offers Bitcoin ETFs To Eligible Clients","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"morgan-stanley-offers-bitcoin-etfs-to-eligible-clients","to_ping":"","pinged":"","post_modified":"2024-08-04 23:47:29","post_modified_gmt":"2024-08-04 13:47:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18072","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Morgan Stanley\u2019s decision may lead other cautious banks to consider the digital assets sector. Since the US Securities and Exchange Commission approved spot Bitcoin ETFs in January, these funds have exceeded expectations.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Morgan Stanley Discloses $270M Spot Bitcoin ETF Holdings<\/a><\/p>\n\n\n\n

Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n

Last March 31, Morgan Stanley revealed <\/a>significant investments in Bitcoin exchange-traded funds (ETFs). The company holds nearly $270 million worth of Grayscale\u2019s Bitcoin Trust.<\/p>\n\n\n\n

The disclosure underscores the bank\u2019s substantial allocation to Bitcoin-related assets, likely on behalf of its clients, and reflects the growing interest in cryptocurrency among institutional investors. <\/p>\n\n\n\n

This trend is not unique to Morgan Stanley; other major banks such as JPMorgan, Wells Fargo, and UBS also reported holdings in spot Bitcoin ETFs during the first quarter.<\/p>\n","post_title":"Morgan Stanley Offers Bitcoin ETFs To Eligible Clients","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"morgan-stanley-offers-bitcoin-etfs-to-eligible-clients","to_ping":"","pinged":"","post_modified":"2024-08-04 23:47:29","post_modified_gmt":"2024-08-04 13:47:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18072","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Only clients with a net worth of at least $1.5 million, a high-risk tolerance, and an interest in speculative assets can be approached, the insider added.<\/p>\n\n\n\n

Morgan Stanley\u2019s decision may lead other cautious banks to consider the digital assets sector. Since the US Securities and Exchange Commission approved spot Bitcoin ETFs in January, these funds have exceeded expectations.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Morgan Stanley Discloses $270M Spot Bitcoin ETF Holdings<\/a><\/p>\n\n\n\n

Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n

Last March 31, Morgan Stanley revealed <\/a>significant investments in Bitcoin exchange-traded funds (ETFs). The company holds nearly $270 million worth of Grayscale\u2019s Bitcoin Trust.<\/p>\n\n\n\n

The disclosure underscores the bank\u2019s substantial allocation to Bitcoin-related assets, likely on behalf of its clients, and reflects the growing interest in cryptocurrency among institutional investors. <\/p>\n\n\n\n

This trend is not unique to Morgan Stanley; other major banks such as JPMorgan, Wells Fargo, and UBS also reported holdings in spot Bitcoin ETFs during the first quarter.<\/p>\n","post_title":"Morgan Stanley Offers Bitcoin ETFs To Eligible Clients","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"morgan-stanley-offers-bitcoin-etfs-to-eligible-clients","to_ping":"","pinged":"","post_modified":"2024-08-04 23:47:29","post_modified_gmt":"2024-08-04 13:47:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18072","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The company informed its 15,000 advisers via a memo that they could present two ETF funds to certain clients. BlackRock Inc.\u2019s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC) <\/p>\n\n\n\n

Only clients with a net worth of at least $1.5 million, a high-risk tolerance, and an interest in speculative assets can be approached, the insider added.<\/p>\n\n\n\n

Morgan Stanley\u2019s decision may lead other cautious banks to consider the digital assets sector. Since the US Securities and Exchange Commission approved spot Bitcoin ETFs in January, these funds have exceeded expectations.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Morgan Stanley Discloses $270M Spot Bitcoin ETF Holdings<\/a><\/p>\n\n\n\n

Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n

Last March 31, Morgan Stanley revealed <\/a>significant investments in Bitcoin exchange-traded funds (ETFs). The company holds nearly $270 million worth of Grayscale\u2019s Bitcoin Trust.<\/p>\n\n\n\n

The disclosure underscores the bank\u2019s substantial allocation to Bitcoin-related assets, likely on behalf of its clients, and reflects the growing interest in cryptocurrency among institutional investors. <\/p>\n\n\n\n

This trend is not unique to Morgan Stanley; other major banks such as JPMorgan, Wells Fargo, and UBS also reported holdings in spot Bitcoin ETFs during the first quarter.<\/p>\n","post_title":"Morgan Stanley Offers Bitcoin ETFs To Eligible Clients","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"morgan-stanley-offers-bitcoin-etfs-to-eligible-clients","to_ping":"","pinged":"","post_modified":"2024-08-04 23:47:29","post_modified_gmt":"2024-08-04 13:47:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18072","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Morgan Stanley has authorized thousands of its financial advisers to offer spot Bitcoin exchange-traded funds (ETF). Eligible clients will start getting recommendations from their advisers starting next week according to Bloomberg<\/a>.<\/p>\n\n\n\n

The company informed its 15,000 advisers via a memo that they could present two ETF funds to certain clients. BlackRock Inc.\u2019s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC) <\/p>\n\n\n\n

Only clients with a net worth of at least $1.5 million, a high-risk tolerance, and an interest in speculative assets can be approached, the insider added.<\/p>\n\n\n\n

Morgan Stanley\u2019s decision may lead other cautious banks to consider the digital assets sector. Since the US Securities and Exchange Commission approved spot Bitcoin ETFs in January, these funds have exceeded expectations.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Morgan Stanley Discloses $270M Spot Bitcoin ETF Holdings<\/a><\/p>\n\n\n\n

Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n

Last March 31, Morgan Stanley revealed <\/a>significant investments in Bitcoin exchange-traded funds (ETFs). The company holds nearly $270 million worth of Grayscale\u2019s Bitcoin Trust.<\/p>\n\n\n\n

The disclosure underscores the bank\u2019s substantial allocation to Bitcoin-related assets, likely on behalf of its clients, and reflects the growing interest in cryptocurrency among institutional investors. <\/p>\n\n\n\n

This trend is not unique to Morgan Stanley; other major banks such as JPMorgan, Wells Fargo, and UBS also reported holdings in spot Bitcoin ETFs during the first quarter.<\/p>\n","post_title":"Morgan Stanley Offers Bitcoin ETFs To Eligible Clients","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"morgan-stanley-offers-bitcoin-etfs-to-eligible-clients","to_ping":"","pinged":"","post_modified":"2024-08-04 23:47:29","post_modified_gmt":"2024-08-04 13:47:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18072","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Trump's proposal involves forming a crypto presidential advisory council.<\/p>\n","post_title":"U.S. Senator Introduces Bill To Establish National Bitcoin Reserve","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-senator-introduces-bill-to-establish-national-bitcoin-reserve","to_ping":"","pinged":"","post_modified":"2024-08-05 00:25:46","post_modified_gmt":"2024-08-04 14:25:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18057","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18072,"post_author":"15","post_date":"2024-08-04 23:47:01","post_date_gmt":"2024-08-04 13:47:01","post_content":"\n

Morgan Stanley has authorized thousands of its financial advisers to offer spot Bitcoin exchange-traded funds (ETF). Eligible clients will start getting recommendations from their advisers starting next week according to Bloomberg<\/a>.<\/p>\n\n\n\n

The company informed its 15,000 advisers via a memo that they could present two ETF funds to certain clients. BlackRock Inc.\u2019s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC) <\/p>\n\n\n\n

Only clients with a net worth of at least $1.5 million, a high-risk tolerance, and an interest in speculative assets can be approached, the insider added.<\/p>\n\n\n\n

Morgan Stanley\u2019s decision may lead other cautious banks to consider the digital assets sector. Since the US Securities and Exchange Commission approved spot Bitcoin ETFs in January, these funds have exceeded expectations.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Morgan Stanley Discloses $270M Spot Bitcoin ETF Holdings<\/a><\/p>\n\n\n\n

Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n

Last March 31, Morgan Stanley revealed <\/a>significant investments in Bitcoin exchange-traded funds (ETFs). The company holds nearly $270 million worth of Grayscale\u2019s Bitcoin Trust.<\/p>\n\n\n\n

The disclosure underscores the bank\u2019s substantial allocation to Bitcoin-related assets, likely on behalf of its clients, and reflects the growing interest in cryptocurrency among institutional investors. <\/p>\n\n\n\n

This trend is not unique to Morgan Stanley; other major banks such as JPMorgan, Wells Fargo, and UBS also reported holdings in spot Bitcoin ETFs during the first quarter.<\/p>\n","post_title":"Morgan Stanley Offers Bitcoin ETFs To Eligible Clients","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"morgan-stanley-offers-bitcoin-etfs-to-eligible-clients","to_ping":"","pinged":"","post_modified":"2024-08-04 23:47:29","post_modified_gmt":"2024-08-04 13:47:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18072","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Trump emphasized the necessity of leading the crypto sector, cautioning that failing to do so would enable China to take the forefront. <\/p>\n\n\n\n

Trump's proposal involves forming a crypto presidential advisory council.<\/p>\n","post_title":"U.S. Senator Introduces Bill To Establish National Bitcoin Reserve","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-senator-introduces-bill-to-establish-national-bitcoin-reserve","to_ping":"","pinged":"","post_modified":"2024-08-05 00:25:46","post_modified_gmt":"2024-08-04 14:25:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18057","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18072,"post_author":"15","post_date":"2024-08-04 23:47:01","post_date_gmt":"2024-08-04 13:47:01","post_content":"\n

Morgan Stanley has authorized thousands of its financial advisers to offer spot Bitcoin exchange-traded funds (ETF). Eligible clients will start getting recommendations from their advisers starting next week according to Bloomberg<\/a>.<\/p>\n\n\n\n

The company informed its 15,000 advisers via a memo that they could present two ETF funds to certain clients. BlackRock Inc.\u2019s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC) <\/p>\n\n\n\n

Only clients with a net worth of at least $1.5 million, a high-risk tolerance, and an interest in speculative assets can be approached, the insider added.<\/p>\n\n\n\n

Morgan Stanley\u2019s decision may lead other cautious banks to consider the digital assets sector. Since the US Securities and Exchange Commission approved spot Bitcoin ETFs in January, these funds have exceeded expectations.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Morgan Stanley Discloses $270M Spot Bitcoin ETF Holdings<\/a><\/p>\n\n\n\n

Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n

Last March 31, Morgan Stanley revealed <\/a>significant investments in Bitcoin exchange-traded funds (ETFs). The company holds nearly $270 million worth of Grayscale\u2019s Bitcoin Trust.<\/p>\n\n\n\n

The disclosure underscores the bank\u2019s substantial allocation to Bitcoin-related assets, likely on behalf of its clients, and reflects the growing interest in cryptocurrency among institutional investors. <\/p>\n\n\n\n

This trend is not unique to Morgan Stanley; other major banks such as JPMorgan, Wells Fargo, and UBS also reported holdings in spot Bitcoin ETFs during the first quarter.<\/p>\n","post_title":"Morgan Stanley Offers Bitcoin ETFs To Eligible Clients","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"morgan-stanley-offers-bitcoin-etfs-to-eligible-clients","to_ping":"","pinged":"","post_modified":"2024-08-04 23:47:29","post_modified_gmt":"2024-08-04 13:47:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18072","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Donald Trump announced <\/a>plans to position the US as a global leader in cryptocurrency by establishing a national Bitcoin \"stockpile\".<\/p>\n\n\n\n

Trump emphasized the necessity of leading the crypto sector, cautioning that failing to do so would enable China to take the forefront. <\/p>\n\n\n\n

Trump's proposal involves forming a crypto presidential advisory council.<\/p>\n","post_title":"U.S. Senator Introduces Bill To Establish National Bitcoin Reserve","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-senator-introduces-bill-to-establish-national-bitcoin-reserve","to_ping":"","pinged":"","post_modified":"2024-08-05 00:25:46","post_modified_gmt":"2024-08-04 14:25:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18057","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18072,"post_author":"15","post_date":"2024-08-04 23:47:01","post_date_gmt":"2024-08-04 13:47:01","post_content":"\n

Morgan Stanley has authorized thousands of its financial advisers to offer spot Bitcoin exchange-traded funds (ETF). Eligible clients will start getting recommendations from their advisers starting next week according to Bloomberg<\/a>.<\/p>\n\n\n\n

The company informed its 15,000 advisers via a memo that they could present two ETF funds to certain clients. BlackRock Inc.\u2019s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC) <\/p>\n\n\n\n

Only clients with a net worth of at least $1.5 million, a high-risk tolerance, and an interest in speculative assets can be approached, the insider added.<\/p>\n\n\n\n

Morgan Stanley\u2019s decision may lead other cautious banks to consider the digital assets sector. Since the US Securities and Exchange Commission approved spot Bitcoin ETFs in January, these funds have exceeded expectations.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Morgan Stanley Discloses $270M Spot Bitcoin ETF Holdings<\/a><\/p>\n\n\n\n

Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n

Last March 31, Morgan Stanley revealed <\/a>significant investments in Bitcoin exchange-traded funds (ETFs). The company holds nearly $270 million worth of Grayscale\u2019s Bitcoin Trust.<\/p>\n\n\n\n

The disclosure underscores the bank\u2019s substantial allocation to Bitcoin-related assets, likely on behalf of its clients, and reflects the growing interest in cryptocurrency among institutional investors. <\/p>\n\n\n\n

This trend is not unique to Morgan Stanley; other major banks such as JPMorgan, Wells Fargo, and UBS also reported holdings in spot Bitcoin ETFs during the first quarter.<\/p>\n","post_title":"Morgan Stanley Offers Bitcoin ETFs To Eligible Clients","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"morgan-stanley-offers-bitcoin-etfs-to-eligible-clients","to_ping":"","pinged":"","post_modified":"2024-08-04 23:47:29","post_modified_gmt":"2024-08-04 13:47:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18072","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Donald Trump Promises National Bitcoin Reserve <\/h2>\n\n\n\n

Donald Trump announced <\/a>plans to position the US as a global leader in cryptocurrency by establishing a national Bitcoin \"stockpile\".<\/p>\n\n\n\n

Trump emphasized the necessity of leading the crypto sector, cautioning that failing to do so would enable China to take the forefront. <\/p>\n\n\n\n

Trump's proposal involves forming a crypto presidential advisory council.<\/p>\n","post_title":"U.S. Senator Introduces Bill To Establish National Bitcoin Reserve","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-senator-introduces-bill-to-establish-national-bitcoin-reserve","to_ping":"","pinged":"","post_modified":"2024-08-05 00:25:46","post_modified_gmt":"2024-08-04 14:25:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18057","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18072,"post_author":"15","post_date":"2024-08-04 23:47:01","post_date_gmt":"2024-08-04 13:47:01","post_content":"\n

Morgan Stanley has authorized thousands of its financial advisers to offer spot Bitcoin exchange-traded funds (ETF). Eligible clients will start getting recommendations from their advisers starting next week according to Bloomberg<\/a>.<\/p>\n\n\n\n

The company informed its 15,000 advisers via a memo that they could present two ETF funds to certain clients. BlackRock Inc.\u2019s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC) <\/p>\n\n\n\n

Only clients with a net worth of at least $1.5 million, a high-risk tolerance, and an interest in speculative assets can be approached, the insider added.<\/p>\n\n\n\n

Morgan Stanley\u2019s decision may lead other cautious banks to consider the digital assets sector. Since the US Securities and Exchange Commission approved spot Bitcoin ETFs in January, these funds have exceeded expectations.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Morgan Stanley Discloses $270M Spot Bitcoin ETF Holdings<\/a><\/p>\n\n\n\n

Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n

Last March 31, Morgan Stanley revealed <\/a>significant investments in Bitcoin exchange-traded funds (ETFs). The company holds nearly $270 million worth of Grayscale\u2019s Bitcoin Trust.<\/p>\n\n\n\n

The disclosure underscores the bank\u2019s substantial allocation to Bitcoin-related assets, likely on behalf of its clients, and reflects the growing interest in cryptocurrency among institutional investors. <\/p>\n\n\n\n

This trend is not unique to Morgan Stanley; other major banks such as JPMorgan, Wells Fargo, and UBS also reported holdings in spot Bitcoin ETFs during the first quarter.<\/p>\n","post_title":"Morgan Stanley Offers Bitcoin ETFs To Eligible Clients","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"morgan-stanley-offers-bitcoin-etfs-to-eligible-clients","to_ping":"","pinged":"","post_modified":"2024-08-04 23:47:29","post_modified_gmt":"2024-08-04 13:47:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18072","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

See Related: <\/em><\/strong>House Passes FIT21 Act To Define Crypto Regulations, Senate's Approval Unclear<\/a><\/p>\n\n\n\n

Donald Trump Promises National Bitcoin Reserve <\/h2>\n\n\n\n

Donald Trump announced <\/a>plans to position the US as a global leader in cryptocurrency by establishing a national Bitcoin \"stockpile\".<\/p>\n\n\n\n

Trump emphasized the necessity of leading the crypto sector, cautioning that failing to do so would enable China to take the forefront. <\/p>\n\n\n\n

Trump's proposal involves forming a crypto presidential advisory council.<\/p>\n","post_title":"U.S. Senator Introduces Bill To Establish National Bitcoin Reserve","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-senator-introduces-bill-to-establish-national-bitcoin-reserve","to_ping":"","pinged":"","post_modified":"2024-08-05 00:25:46","post_modified_gmt":"2024-08-04 14:25:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18057","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18072,"post_author":"15","post_date":"2024-08-04 23:47:01","post_date_gmt":"2024-08-04 13:47:01","post_content":"\n

Morgan Stanley has authorized thousands of its financial advisers to offer spot Bitcoin exchange-traded funds (ETF). Eligible clients will start getting recommendations from their advisers starting next week according to Bloomberg<\/a>.<\/p>\n\n\n\n

The company informed its 15,000 advisers via a memo that they could present two ETF funds to certain clients. BlackRock Inc.\u2019s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC) <\/p>\n\n\n\n

Only clients with a net worth of at least $1.5 million, a high-risk tolerance, and an interest in speculative assets can be approached, the insider added.<\/p>\n\n\n\n

Morgan Stanley\u2019s decision may lead other cautious banks to consider the digital assets sector. Since the US Securities and Exchange Commission approved spot Bitcoin ETFs in January, these funds have exceeded expectations.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Morgan Stanley Discloses $270M Spot Bitcoin ETF Holdings<\/a><\/p>\n\n\n\n

Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n

Last March 31, Morgan Stanley revealed <\/a>significant investments in Bitcoin exchange-traded funds (ETFs). The company holds nearly $270 million worth of Grayscale\u2019s Bitcoin Trust.<\/p>\n\n\n\n

The disclosure underscores the bank\u2019s substantial allocation to Bitcoin-related assets, likely on behalf of its clients, and reflects the growing interest in cryptocurrency among institutional investors. <\/p>\n\n\n\n

This trend is not unique to Morgan Stanley; other major banks such as JPMorgan, Wells Fargo, and UBS also reported holdings in spot Bitcoin ETFs during the first quarter.<\/p>\n","post_title":"Morgan Stanley Offers Bitcoin ETFs To Eligible Clients","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"morgan-stanley-offers-bitcoin-etfs-to-eligible-clients","to_ping":"","pinged":"","post_modified":"2024-08-04 23:47:29","post_modified_gmt":"2024-08-04 13:47:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18072","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The Act also aims to ensure transparency in how the U.S. Treasury Department manages the 1 million Bitcoin ($65 million) it would acquire.<\/p>\n\n\n\n

See Related: <\/em><\/strong>House Passes FIT21 Act To Define Crypto Regulations, Senate's Approval Unclear<\/a><\/p>\n\n\n\n

Donald Trump Promises National Bitcoin Reserve <\/h2>\n\n\n\n

Donald Trump announced <\/a>plans to position the US as a global leader in cryptocurrency by establishing a national Bitcoin \"stockpile\".<\/p>\n\n\n\n

Trump emphasized the necessity of leading the crypto sector, cautioning that failing to do so would enable China to take the forefront. <\/p>\n\n\n\n

Trump's proposal involves forming a crypto presidential advisory council.<\/p>\n","post_title":"U.S. Senator Introduces Bill To Establish National Bitcoin Reserve","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-senator-introduces-bill-to-establish-national-bitcoin-reserve","to_ping":"","pinged":"","post_modified":"2024-08-05 00:25:46","post_modified_gmt":"2024-08-04 14:25:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18057","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18072,"post_author":"15","post_date":"2024-08-04 23:47:01","post_date_gmt":"2024-08-04 13:47:01","post_content":"\n

Morgan Stanley has authorized thousands of its financial advisers to offer spot Bitcoin exchange-traded funds (ETF). Eligible clients will start getting recommendations from their advisers starting next week according to Bloomberg<\/a>.<\/p>\n\n\n\n

The company informed its 15,000 advisers via a memo that they could present two ETF funds to certain clients. BlackRock Inc.\u2019s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC) <\/p>\n\n\n\n

Only clients with a net worth of at least $1.5 million, a high-risk tolerance, and an interest in speculative assets can be approached, the insider added.<\/p>\n\n\n\n

Morgan Stanley\u2019s decision may lead other cautious banks to consider the digital assets sector. Since the US Securities and Exchange Commission approved spot Bitcoin ETFs in January, these funds have exceeded expectations.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Morgan Stanley Discloses $270M Spot Bitcoin ETF Holdings<\/a><\/p>\n\n\n\n

Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n

Last March 31, Morgan Stanley revealed <\/a>significant investments in Bitcoin exchange-traded funds (ETFs). The company holds nearly $270 million worth of Grayscale\u2019s Bitcoin Trust.<\/p>\n\n\n\n

The disclosure underscores the bank\u2019s substantial allocation to Bitcoin-related assets, likely on behalf of its clients, and reflects the growing interest in cryptocurrency among institutional investors. <\/p>\n\n\n\n

This trend is not unique to Morgan Stanley; other major banks such as JPMorgan, Wells Fargo, and UBS also reported holdings in spot Bitcoin ETFs during the first quarter.<\/p>\n","post_title":"Morgan Stanley Offers Bitcoin ETFs To Eligible Clients","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"morgan-stanley-offers-bitcoin-etfs-to-eligible-clients","to_ping":"","pinged":"","post_modified":"2024-08-04 23:47:29","post_modified_gmt":"2024-08-04 13:47:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18072","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
  • The Secretary of the Treasury shall not recommend selling over 10% of the holdings within 2 years.<\/li>\n<\/ul>\n\n\n\n

    The Act also aims to ensure transparency in how the U.S. Treasury Department manages the 1 million Bitcoin ($65 million) it would acquire.<\/p>\n\n\n\n

    See Related: <\/em><\/strong>House Passes FIT21 Act To Define Crypto Regulations, Senate's Approval Unclear<\/a><\/p>\n\n\n\n

    Donald Trump Promises National Bitcoin Reserve <\/h2>\n\n\n\n

    Donald Trump announced <\/a>plans to position the US as a global leader in cryptocurrency by establishing a national Bitcoin \"stockpile\".<\/p>\n\n\n\n

    Trump emphasized the necessity of leading the crypto sector, cautioning that failing to do so would enable China to take the forefront. <\/p>\n\n\n\n

    Trump's proposal involves forming a crypto presidential advisory council.<\/p>\n","post_title":"U.S. Senator Introduces Bill To Establish National Bitcoin Reserve","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-senator-introduces-bill-to-establish-national-bitcoin-reserve","to_ping":"","pinged":"","post_modified":"2024-08-05 00:25:46","post_modified_gmt":"2024-08-04 14:25:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18057","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18072,"post_author":"15","post_date":"2024-08-04 23:47:01","post_date_gmt":"2024-08-04 13:47:01","post_content":"\n

    Morgan Stanley has authorized thousands of its financial advisers to offer spot Bitcoin exchange-traded funds (ETF). Eligible clients will start getting recommendations from their advisers starting next week according to Bloomberg<\/a>.<\/p>\n\n\n\n

    The company informed its 15,000 advisers via a memo that they could present two ETF funds to certain clients. BlackRock Inc.\u2019s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC) <\/p>\n\n\n\n

    Only clients with a net worth of at least $1.5 million, a high-risk tolerance, and an interest in speculative assets can be approached, the insider added.<\/p>\n\n\n\n

    Morgan Stanley\u2019s decision may lead other cautious banks to consider the digital assets sector. Since the US Securities and Exchange Commission approved spot Bitcoin ETFs in January, these funds have exceeded expectations.<\/p>\n\n\n\n

    See Related:<\/em><\/strong> Morgan Stanley Discloses $270M Spot Bitcoin ETF Holdings<\/a><\/p>\n\n\n\n

    Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n

    Last March 31, Morgan Stanley revealed <\/a>significant investments in Bitcoin exchange-traded funds (ETFs). The company holds nearly $270 million worth of Grayscale\u2019s Bitcoin Trust.<\/p>\n\n\n\n

    The disclosure underscores the bank\u2019s substantial allocation to Bitcoin-related assets, likely on behalf of its clients, and reflects the growing interest in cryptocurrency among institutional investors. <\/p>\n\n\n\n

    This trend is not unique to Morgan Stanley; other major banks such as JPMorgan, Wells Fargo, and UBS also reported holdings in spot Bitcoin ETFs during the first quarter.<\/p>\n","post_title":"Morgan Stanley Offers Bitcoin ETFs To Eligible Clients","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"morgan-stanley-offers-bitcoin-etfs-to-eligible-clients","to_ping":"","pinged":"","post_modified":"2024-08-04 23:47:29","post_modified_gmt":"2024-08-04 13:47:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18072","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n
  • In the 19th year, the Secretary of the Treasury shall recommend whether to continue holding or gradually release a portion of the holdings.<\/li>\n\n\n\n
  • The Secretary of the Treasury shall not recommend selling over 10% of the holdings within 2 years.<\/li>\n<\/ul>\n\n\n\n

    The Act also aims to ensure transparency in how the U.S. Treasury Department manages the 1 million Bitcoin ($65 million) it would acquire.<\/p>\n\n\n\n

    See Related: <\/em><\/strong>House Passes FIT21 Act To Define Crypto Regulations, Senate's Approval Unclear<\/a><\/p>\n\n\n\n

    Donald Trump Promises National Bitcoin Reserve <\/h2>\n\n\n\n

    Donald Trump announced <\/a>plans to position the US as a global leader in cryptocurrency by establishing a national Bitcoin \"stockpile\".<\/p>\n\n\n\n

    Trump emphasized the necessity of leading the crypto sector, cautioning that failing to do so would enable China to take the forefront. <\/p>\n\n\n\n

    Trump's proposal involves forming a crypto presidential advisory council.<\/p>\n","post_title":"U.S. Senator Introduces Bill To Establish National Bitcoin Reserve","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-senator-introduces-bill-to-establish-national-bitcoin-reserve","to_ping":"","pinged":"","post_modified":"2024-08-05 00:25:46","post_modified_gmt":"2024-08-04 14:25:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18057","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18072,"post_author":"15","post_date":"2024-08-04 23:47:01","post_date_gmt":"2024-08-04 13:47:01","post_content":"\n

    Morgan Stanley has authorized thousands of its financial advisers to offer spot Bitcoin exchange-traded funds (ETF). Eligible clients will start getting recommendations from their advisers starting next week according to Bloomberg<\/a>.<\/p>\n\n\n\n

    The company informed its 15,000 advisers via a memo that they could present two ETF funds to certain clients. BlackRock Inc.\u2019s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC) <\/p>\n\n\n\n

    Only clients with a net worth of at least $1.5 million, a high-risk tolerance, and an interest in speculative assets can be approached, the insider added.<\/p>\n\n\n\n

    Morgan Stanley\u2019s decision may lead other cautious banks to consider the digital assets sector. Since the US Securities and Exchange Commission approved spot Bitcoin ETFs in January, these funds have exceeded expectations.<\/p>\n\n\n\n

    See Related:<\/em><\/strong> Morgan Stanley Discloses $270M Spot Bitcoin ETF Holdings<\/a><\/p>\n\n\n\n

    Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n

    Last March 31, Morgan Stanley revealed <\/a>significant investments in Bitcoin exchange-traded funds (ETFs). The company holds nearly $270 million worth of Grayscale\u2019s Bitcoin Trust.<\/p>\n\n\n\n

    The disclosure underscores the bank\u2019s substantial allocation to Bitcoin-related assets, likely on behalf of its clients, and reflects the growing interest in cryptocurrency among institutional investors. <\/p>\n\n\n\n

    This trend is not unique to Morgan Stanley; other major banks such as JPMorgan, Wells Fargo, and UBS also reported holdings in spot Bitcoin ETFs during the first quarter.<\/p>\n","post_title":"Morgan Stanley Offers Bitcoin ETFs To Eligible Clients","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"morgan-stanley-offers-bitcoin-etfs-to-eligible-clients","to_ping":"","pinged":"","post_modified":"2024-08-04 23:47:29","post_modified_gmt":"2024-08-04 13:47:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18072","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n
  • These Bitcoin cannot be sold, swapped, auctioned, encumbered or disposed of<\/li>\n\n\n\n
  • In the 19th year, the Secretary of the Treasury shall recommend whether to continue holding or gradually release a portion of the holdings.<\/li>\n\n\n\n
  • The Secretary of the Treasury shall not recommend selling over 10% of the holdings within 2 years.<\/li>\n<\/ul>\n\n\n\n

    The Act also aims to ensure transparency in how the U.S. Treasury Department manages the 1 million Bitcoin ($65 million) it would acquire.<\/p>\n\n\n\n

    See Related: <\/em><\/strong>House Passes FIT21 Act To Define Crypto Regulations, Senate's Approval Unclear<\/a><\/p>\n\n\n\n

    Donald Trump Promises National Bitcoin Reserve <\/h2>\n\n\n\n

    Donald Trump announced <\/a>plans to position the US as a global leader in cryptocurrency by establishing a national Bitcoin \"stockpile\".<\/p>\n\n\n\n

    Trump emphasized the necessity of leading the crypto sector, cautioning that failing to do so would enable China to take the forefront. <\/p>\n\n\n\n

    Trump's proposal involves forming a crypto presidential advisory council.<\/p>\n","post_title":"U.S. Senator Introduces Bill To Establish National Bitcoin Reserve","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-senator-introduces-bill-to-establish-national-bitcoin-reserve","to_ping":"","pinged":"","post_modified":"2024-08-05 00:25:46","post_modified_gmt":"2024-08-04 14:25:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18057","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18072,"post_author":"15","post_date":"2024-08-04 23:47:01","post_date_gmt":"2024-08-04 13:47:01","post_content":"\n

    Morgan Stanley has authorized thousands of its financial advisers to offer spot Bitcoin exchange-traded funds (ETF). Eligible clients will start getting recommendations from their advisers starting next week according to Bloomberg<\/a>.<\/p>\n\n\n\n

    The company informed its 15,000 advisers via a memo that they could present two ETF funds to certain clients. BlackRock Inc.\u2019s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC) <\/p>\n\n\n\n

    Only clients with a net worth of at least $1.5 million, a high-risk tolerance, and an interest in speculative assets can be approached, the insider added.<\/p>\n\n\n\n

    Morgan Stanley\u2019s decision may lead other cautious banks to consider the digital assets sector. Since the US Securities and Exchange Commission approved spot Bitcoin ETFs in January, these funds have exceeded expectations.<\/p>\n\n\n\n

    See Related:<\/em><\/strong> Morgan Stanley Discloses $270M Spot Bitcoin ETF Holdings<\/a><\/p>\n\n\n\n

    Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n

    Last March 31, Morgan Stanley revealed <\/a>significant investments in Bitcoin exchange-traded funds (ETFs). The company holds nearly $270 million worth of Grayscale\u2019s Bitcoin Trust.<\/p>\n\n\n\n

    The disclosure underscores the bank\u2019s substantial allocation to Bitcoin-related assets, likely on behalf of its clients, and reflects the growing interest in cryptocurrency among institutional investors. <\/p>\n\n\n\n

    This trend is not unique to Morgan Stanley; other major banks such as JPMorgan, Wells Fargo, and UBS also reported holdings in spot Bitcoin ETFs during the first quarter.<\/p>\n","post_title":"Morgan Stanley Offers Bitcoin ETFs To Eligible Clients","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"morgan-stanley-offers-bitcoin-etfs-to-eligible-clients","to_ping":"","pinged":"","post_modified":"2024-08-04 23:47:29","post_modified_gmt":"2024-08-04 13:47:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18072","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n
  • Minimum Holding Period: 20 Years<\/li>\n\n\n\n
  • These Bitcoin cannot be sold, swapped, auctioned, encumbered or disposed of<\/li>\n\n\n\n
  • In the 19th year, the Secretary of the Treasury shall recommend whether to continue holding or gradually release a portion of the holdings.<\/li>\n\n\n\n
  • The Secretary of the Treasury shall not recommend selling over 10% of the holdings within 2 years.<\/li>\n<\/ul>\n\n\n\n

    The Act also aims to ensure transparency in how the U.S. Treasury Department manages the 1 million Bitcoin ($65 million) it would acquire.<\/p>\n\n\n\n

    See Related: <\/em><\/strong>House Passes FIT21 Act To Define Crypto Regulations, Senate's Approval Unclear<\/a><\/p>\n\n\n\n

    Donald Trump Promises National Bitcoin Reserve <\/h2>\n\n\n\n

    Donald Trump announced <\/a>plans to position the US as a global leader in cryptocurrency by establishing a national Bitcoin \"stockpile\".<\/p>\n\n\n\n

    Trump emphasized the necessity of leading the crypto sector, cautioning that failing to do so would enable China to take the forefront. <\/p>\n\n\n\n

    Trump's proposal involves forming a crypto presidential advisory council.<\/p>\n","post_title":"U.S. Senator Introduces Bill To Establish National Bitcoin Reserve","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-senator-introduces-bill-to-establish-national-bitcoin-reserve","to_ping":"","pinged":"","post_modified":"2024-08-05 00:25:46","post_modified_gmt":"2024-08-04 14:25:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18057","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18072,"post_author":"15","post_date":"2024-08-04 23:47:01","post_date_gmt":"2024-08-04 13:47:01","post_content":"\n

    Morgan Stanley has authorized thousands of its financial advisers to offer spot Bitcoin exchange-traded funds (ETF). Eligible clients will start getting recommendations from their advisers starting next week according to Bloomberg<\/a>.<\/p>\n\n\n\n

    The company informed its 15,000 advisers via a memo that they could present two ETF funds to certain clients. BlackRock Inc.\u2019s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC) <\/p>\n\n\n\n

    Only clients with a net worth of at least $1.5 million, a high-risk tolerance, and an interest in speculative assets can be approached, the insider added.<\/p>\n\n\n\n

    Morgan Stanley\u2019s decision may lead other cautious banks to consider the digital assets sector. Since the US Securities and Exchange Commission approved spot Bitcoin ETFs in January, these funds have exceeded expectations.<\/p>\n\n\n\n

    See Related:<\/em><\/strong> Morgan Stanley Discloses $270M Spot Bitcoin ETF Holdings<\/a><\/p>\n\n\n\n

    Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n

    Last March 31, Morgan Stanley revealed <\/a>significant investments in Bitcoin exchange-traded funds (ETFs). The company holds nearly $270 million worth of Grayscale\u2019s Bitcoin Trust.<\/p>\n\n\n\n

    The disclosure underscores the bank\u2019s substantial allocation to Bitcoin-related assets, likely on behalf of its clients, and reflects the growing interest in cryptocurrency among institutional investors. <\/p>\n\n\n\n

    This trend is not unique to Morgan Stanley; other major banks such as JPMorgan, Wells Fargo, and UBS also reported holdings in spot Bitcoin ETFs during the first quarter.<\/p>\n","post_title":"Morgan Stanley Offers Bitcoin ETFs To Eligible Clients","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"morgan-stanley-offers-bitcoin-etfs-to-eligible-clients","to_ping":"","pinged":"","post_modified":"2024-08-04 23:47:29","post_modified_gmt":"2024-08-04 13:47:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18072","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n
  • Buy 200,000 $BTC per year. Do it for 5 years to have a total of 1 million Bitcoin<\/li>\n\n\n\n
  • Minimum Holding Period: 20 Years<\/li>\n\n\n\n
  • These Bitcoin cannot be sold, swapped, auctioned, encumbered or disposed of<\/li>\n\n\n\n
  • In the 19th year, the Secretary of the Treasury shall recommend whether to continue holding or gradually release a portion of the holdings.<\/li>\n\n\n\n
  • The Secretary of the Treasury shall not recommend selling over 10% of the holdings within 2 years.<\/li>\n<\/ul>\n\n\n\n

    The Act also aims to ensure transparency in how the U.S. Treasury Department manages the 1 million Bitcoin ($65 million) it would acquire.<\/p>\n\n\n\n

    See Related: <\/em><\/strong>House Passes FIT21 Act To Define Crypto Regulations, Senate's Approval Unclear<\/a><\/p>\n\n\n\n

    Donald Trump Promises National Bitcoin Reserve <\/h2>\n\n\n\n

    Donald Trump announced <\/a>plans to position the US as a global leader in cryptocurrency by establishing a national Bitcoin \"stockpile\".<\/p>\n\n\n\n

    Trump emphasized the necessity of leading the crypto sector, cautioning that failing to do so would enable China to take the forefront. <\/p>\n\n\n\n

    Trump's proposal involves forming a crypto presidential advisory council.<\/p>\n","post_title":"U.S. Senator Introduces Bill To Establish National Bitcoin Reserve","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"u-s-senator-introduces-bill-to-establish-national-bitcoin-reserve","to_ping":"","pinged":"","post_modified":"2024-08-05 00:25:46","post_modified_gmt":"2024-08-04 14:25:46","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18057","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18072,"post_author":"15","post_date":"2024-08-04 23:47:01","post_date_gmt":"2024-08-04 13:47:01","post_content":"\n

    Morgan Stanley has authorized thousands of its financial advisers to offer spot Bitcoin exchange-traded funds (ETF). Eligible clients will start getting recommendations from their advisers starting next week according to Bloomberg<\/a>.<\/p>\n\n\n\n

    The company informed its 15,000 advisers via a memo that they could present two ETF funds to certain clients. BlackRock Inc.\u2019s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC) <\/p>\n\n\n\n

    Only clients with a net worth of at least $1.5 million, a high-risk tolerance, and an interest in speculative assets can be approached, the insider added.<\/p>\n\n\n\n

    Morgan Stanley\u2019s decision may lead other cautious banks to consider the digital assets sector. Since the US Securities and Exchange Commission approved spot Bitcoin ETFs in January, these funds have exceeded expectations.<\/p>\n\n\n\n

    See Related:<\/em><\/strong> Morgan Stanley Discloses $270M Spot Bitcoin ETF Holdings<\/a><\/p>\n\n\n\n

    Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n

    Last March 31, Morgan Stanley revealed <\/a>significant investments in Bitcoin exchange-traded funds (ETFs). The company holds nearly $270 million worth of Grayscale\u2019s Bitcoin Trust.<\/p>\n\n\n\n

    The disclosure underscores the bank\u2019s substantial allocation to Bitcoin-related assets, likely on behalf of its clients, and reflects the growing interest in cryptocurrency among institutional investors. <\/p>\n\n\n\n

    This trend is not unique to Morgan Stanley; other major banks such as JPMorgan, Wells Fargo, and UBS also reported holdings in spot Bitcoin ETFs during the first quarter.<\/p>\n","post_title":"Morgan Stanley Offers Bitcoin ETFs To Eligible Clients","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"morgan-stanley-offers-bitcoin-etfs-to-eligible-clients","to_ping":"","pinged":"","post_modified":"2024-08-04 23:47:29","post_modified_gmt":"2024-08-04 13:47:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18072","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n