$1 Billion Milestone in View: Morgan Stanley’s Bitcoin Stash Piles Up

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Morgan Stanley is approaching the symbolic $1 billion milestone in its Bitcoin ETF, now holding 10,519 BTC worth approximately $903.86 million. The fund, called MSBT and launched in April on NYSE Arca, reached this level in just five months of operation. The bank needs to acquire less than $100 million more in Bitcoin to cross the billion-dollar threshold. Arkham Intelligence, which identified the addresses linked to the fund within one week of its launch, confirms Morgan Stanley’s rapid growth in the U.S. spot Bitcoin ETF market.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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