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Morgan Stanley Files Bitcoin ETF, Backs Core Scientific With $500M

Morgan Stanley (NYSE:MS) filed an amended Bitcoin (CRYPTO: BTC) ETF with the SEC on March 4 and provided a $500 million loan facility to Core Scientific (NASDAQ:CORZ) with option to extend to $1 billion, signaling aggressive crypto expansion across products and mining infrastructure.

The Bitcoin ETF Filing

Morgan Stanley submitted an updated S-1 filing naming Coinbase Custody and Bank of New York Mellon as custody partners, combining crypto security with traditional banking infrastructure. 

The Trust will be a passive product that simply tracks Bitcoin’s price rather than actively trading it.

The filing makes clear that Morgan Stanley Investment Management will not sell Bitcoin at market…

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