Morgan Stanley Evaluating Spot Bitcoin ETFs for Its Giant Brokerage Platform

Author: Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Feb 29, 2024 19:10

Morgan Stanley is evaluating whether to offer spot bitcoin ETFs to its clients. Ever since Bitcoin ETFs went live, the arrival of the giant Registered investment advisor (RIA) networks and broker-dealer platforms is gaining traction. This arrival could attract investment. With billions of dollars already in, the investment gates might not open until RIA networks and similar platforms offer the bitcoin ETFs. Grayscale, BlackRock and Fidelity being the top in 10 BTC ETFs, which one Morgan Stanley is looking to offer is not yet clear.