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"};
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"};
See Related:<\/em><\/strong> Morgan Stanley Discloses $270M Spot Bitcoin ETF Holdings<\/a><\/p>\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"};
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 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"};
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 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"};
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 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"};
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 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"};
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 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"};
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 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"};
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 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"};
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 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"};
See Related: <\/em><\/strong>House Passes FIT21 Act To Define Crypto Regulations, Senate's Approval Unclear<\/a><\/p>\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 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"};
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 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 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"};
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 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 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"};
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 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 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"};
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 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 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"};
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 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 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"};
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 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 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"};
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 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 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"};
If enacted, the Bitcoin Act of 2024 would create a strategic Bitcoin reserve to strengthen America\u2019s financial position globally. Here are the important pointers from the bill:<\/p>\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 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 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"};
Lummis first announced <\/a>the legislation during the annual Bitcoin conference in Nashville, Tennessee on Saturday.<\/p>\n\n\n\n If enacted, the Bitcoin Act of 2024 would create a strategic Bitcoin reserve to strengthen America\u2019s financial position globally. Here are the important pointers from the bill:<\/p>\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 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 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"};
Called the Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act of 2024, the bill seeks to \"supercharge the U.S. dollar and pay down the national debt.\"<\/p>\n\n\n\n Lummis first announced <\/a>the legislation during the annual Bitcoin conference in Nashville, Tennessee on Saturday.<\/p>\n\n\n\n If enacted, the Bitcoin Act of 2024 would create a strategic Bitcoin reserve to strengthen America\u2019s financial position globally. Here are the important pointers from the bill:<\/p>\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 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\nMorgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n
Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n
Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n
Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n
Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n
Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n
Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n
Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n
Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n
Donald Trump Promises National Bitcoin Reserve <\/h2>\n\n\n\n
Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n
Donald Trump Promises National Bitcoin Reserve <\/h2>\n\n\n\n
Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n
Donald Trump Promises National Bitcoin Reserve <\/h2>\n\n\n\n
Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n
Donald Trump Promises National Bitcoin Reserve <\/h2>\n\n\n\n
Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n
Donald Trump Promises National Bitcoin Reserve <\/h2>\n\n\n\n
Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n
Donald Trump Promises National Bitcoin Reserve <\/h2>\n\n\n\n
Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n
Donald Trump Promises National Bitcoin Reserve <\/h2>\n\n\n\n
Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n
Donald Trump Promises National Bitcoin Reserve <\/h2>\n\n\n\n
Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n
\n
Donald Trump Promises National Bitcoin Reserve <\/h2>\n\n\n\n
Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n
\n
Donald Trump Promises National Bitcoin Reserve <\/h2>\n\n\n\n
Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n
\n
Donald Trump Promises National Bitcoin Reserve <\/h2>\n\n\n\n
Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n
\n
Donald Trump Promises National Bitcoin Reserve <\/h2>\n\n\n\n
Morgan Stanley's Major Bitcoin ETF Holdings<\/h2>\n\n\n\n