Bitcoin Just Got A $1 Million Nudge, But Will Morgan Stanley’s MSBT ETF Really Move The Needle?
TradFi is taking another step into fully embracing bitcoin as an asset. Morgan Stanley is creating its own Bitcoin investment fund that will trade on the stock market like a regular exchange‑traded fund (ETF) share. To get it started, the lender is putting in about $1 million of its own money as seed capital.
At the moment of writing, BTC trades on the highs $70k. Source: BTCUSD on Tradingview
Cover image from Perplexity, BTCUSD chart from Tradingview
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