In a significant move indicating Wall Street’s increasing embrace of Bitcoin, Morgan Stanley, one of the largest financial institutions globally, has disclosed an investment in Bitcoin exchange-traded funds (ETFs).

Recent filings with the U.S. Securities and Exchange Commission (SEC) shed light on Morgan Stanley’s positive shift towards owning (albeit indirectly) Bitcoin.

According to the filings, Morgan Stanley has allocated $270 million to various Bitcoin ETFs, making it a major player in the rapidly evolving Bitcoin market.

13F Filing By Morgan Stanley Reveals Investments in Bitcoin ETFs

This move by Morgan Stanley reflects a broader trend among traditional…

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