Morgan Stanley Funds Adding to Bitcoin Exposure, SEC Filings Show
Banking giant Morgan Stanley has revealed some of its funds added Bitcoin exposure in Q3 through the Grayscale Bitcoin Trust (GBTC).In new filings with the U.S. Securities and Exchange Commission (SEC), banking giant Morgan Stanley has revealed some of its funds added Bitcoin exposure in Q3. For the period ending September 30, Morgan Stanley’s Growth Portfolio Fund, for example, added 1.5 million shares of the Grayscale Bitcoin Trust (GBTC). Similarly, its Insight Fund added nearly 600,000 shares over the period. Other Morgan Stanely funds added exposure as well, suggesting that Morgan....
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In yet another bullish announcement for Bitcoin this week, banking giant Morgan Stanley has filed a document with the Securities and Exchange Commission (SEC) to gain exposure to BTC. Per the document, 12 of Morgan Stanley’s investment funds will allocate capital in BTC financial products. Morgan Stanley’s investment funds eligible to gain indirect exposure to […]
The investment firm's exposure to Bitcoin across three major funds totals roughly $303 million with 6,626,381 shares as of Sept. 30. Investment funds from major U.S. investment bank Morgan Stanley have increased their exposure to Bitcoin through purchases of shares of Grayscale Bitcoin Trust.According to filings from the United States Securities and Exchange Commission on Tuesday, the Morgan Stanley Insight Fund increased its holdings of Grayscale Bitcoin Trust, or GBTC, shares more than 63%, from 928,051 in the second quarter of 2021 to 1,520,549 as of Sept. 30. In addition, filings on....
The investment firm has increased its shares of GBTC by more than 105% since April. Major U.S. investment bank Morgan Stanley has more than doubled its shares of Grayscale Bitcoin Trust since April.According to a report from the U.S. Securities and Exchange Commission, or SEC, filed Sept. 27, the Morgan Stanley Europe Opportunity Fund, which invests in established and emerging companies throughout Europe, owned 58,116 shares of the Grayscale Bitcoin Trust, or GBTC, as of July 31. At the time of publication, the price of GBTC is $34.28, making the investment bank’s exposure to Bitcoin (BTC)....
Morgan Stanley has filed with the U.S. Securities and Exchange Commission (SEC) to add bitcoin exposure to 12 of its mutual funds’ investment strategies. These mutual funds may invest in bitcoin futures as well as obtain indirect exposure to the cryptocurrency through investments in Grayscale Bitcoin Trust, the filing details. Bitcoin Exposure for 12 Morgan Stanley Mutual Funds Morgan Stanley Institutional Fund Inc., the asset management division of Morgan Stanley, filed a statement of additional information supplement with the U.S. Securities and Exchange Commission (SEC) on....
Global investment bank Morgan Stanley has increased its bitcoin exposure manyfold by investing in Microstrategy, the Nasdaq-listed company which currently holds about 70,470 bitcoins. Morgan Stanley now has a 10.9% stake in Microstrategy. ‘Even Banks Want Bitcoin’ Global financial services firm Morgan Stanley has significantly increased its exposure to bitcoin, the company’s filing with the U.S. Securities and Exchange Commission (SEC) on Friday shows. Morgan Stanley has declared that it now owns 792,627 shares of Microstrategy. The Nasdaq-listed company has been stacking....