Bitcoin Just Got A $1 Million Nudge, But Will Morgan Stanley’s MSBT ETF Really Move The Needle?
TradFi is taking another step into fully embracing bitcoin as an asset. Morgan Stanley is creating its own Bitcoin investment fund that will trade on the stock market like a regular exchange‑traded fund (ETF) share. To get it started, the lender is putting in about $1 million of its own money as seed capital. Related Reading: Legendary Bitcoin Trader Says HYPE Will Soar To $150, Here’s Why A TradFi Bitcoin Trust Morgan Stanley has filed another amended S‑1/A for the Morgan Stanley Bitcoin Trust (MSBT), confirming ticker MSBT on NYSE Arca
BTC
HYPE
Disclaimer: This content is provided via CryptoPanic and third-party sources. Tothemoon does not create, verify, or endorse this content and makes no guarantees as to its accuracy. The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. It is provided for informational purposes only and is not investment advice.
