Morgan Stanley Buys Bitcoin ETF in Huge Bet:

Morgan Stanley, a $1.3 trillion asset manager, has disclosed $272 million in Bitcoin ETF holdings, signaling accelerated institutional adoption of cryptocurrencies. The company’s holdings are spread across various funds, including Blackrock’s iShare Bitcoin Trust (IBIT) and Ark 21 Shares. This marks a significant shift for Morgan Stanley, which was late to invest in Bitcoin ETFs but has built one of the most substantial holdings in the United States.

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