Home BTC/ETH $1.5T Morgan Stanley is Buying US Spot Bitcoin ETF

$1.5T Morgan Stanley is Buying US Spot Bitcoin ETF

by


Recent 13F SEC filings have revealed several major US financial institutions are allocating serious money to Bitcoin via spot ETFs, with these filings disclosing the holdings of institutional investors with over $100 million allocated.

After the SEC approved several spot Bitcoin ETFs earlier this year, investors have eagerly awaited these disclosures. The filings reveal names like the State of Wisconsin Investment Board, Wells Fargo, JPMorgan and others.

Now, the latest disclosure shows mammoth financial services firm Morgan Stanley has bought $269.9 million worth of Grayscale’s GBTC. This makes Morgan Stanley one of the largest institutional holders of GBTC, besides Susquehanna’s $1.8 billion position.

With over $1.5 trillion in assets under management, this allocation signals the Wall Street titan’s growing conviction in bitcoin’s role in portfolios. 

It joins other major banks like JP Morgan, BNP Paribas, and Royal Bank of Canada that have disclosed spot Bitcoin ETF purchases.

Despite some firms like Vanguard opposing Bitcoin, the broader shift has been toward embracing Bitcoin exposure. Clients are demanding access to Bitcoin’s growth prospects as both an inflation hedge and an alternative asset class.

Click the image to learn more.

Old guard banks steadily allocating to Bitcoin ETFs represents a monumental change. Morgan Stanley’s purchase follows execs speaking positively about Bitcoin’s potential. Though still a small portion of AUM, it indicates legacy finance sees bitcoin’s value.

As major traditional institutions warm up to Bitcoin, accessible ETFs have enabled dipping their toes in. The Q1 disclosures provide tangible evidence these giants are acting on growing conviction in bitcoin’s staying power.





Source link

Related Articles

xxxanti beeztube.mobi hot sexy mp4 menyoujan hentaitgp.net jason voorhees hentai indian soft core chupatube.net youjzz ez2 may 8 2023 pinoycinema.org ahensya ng pamahalaan pakistani chut ki chudai pimpmovs.com www xvedio dost ke papa zztube.mobi 300mbfilms.in صور مص الزب arabporna.net نهر العطش لمن تشعر بالحرمان movierulz plz.in bustyporntube.info how to make rangoli video 穂高ゆうき simozo.net 四十路五十路 ロシアav javvideos.net 君島みお 無修正 افلام سكس في المطبخ annarivas.net فيلم سكس قديم rashmi hot videos porncorn.info audiosexstories b grade latest nesaporn.pro high school girls sex videos real life cam eroebony.info painfull porn exbii adult pics teacherporntrends.com nepali school sex