Morgan Stanley to offer Bitcoin access to its clients via 3 funds
CNBC has learned that bank giant Morgan Stanley will offer its client access to Bitcoin. According to an internal memo by the banking institution, crypto firm Galaxy Digital and FS NYDIG will enable the product. NYDIG is proud to partner with Morgan Stanley, the first US bank to offer access to #Bitcoin for their wealth […]
Related News
One of the largest U.S. investment banks, Morgan Stanley, will be offering its wealth management clients access to bitcoin funds. Goldman Sachs, JPMorgan Chase, and Bank of America’s wealth management divisions do not currently allow their advisors to offer direct investment in bitcoin funds. Morgan Stanley to Offer Wealth Clients Access to Bitcoin Funds Investment bank Morgan Stanley, with $4 trillion in client assets, has become the “first big U.S. bank to offer its wealth management clients access to bitcoin funds,” CNBC reported Wednesday. The firm reportedly told its....
One of the biggest investment banks in the U.S. will allow clients to invest in bitcoin funds, signaling a new attitude toward the asset.
More tailwinds for Bitcoin's bullish bias come from Morgan Stanley's latest revelation that it would offer its clients access to three Bitcoin funds.
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 […]
Key Bitcoin Takeaways A South Korean media outlet reported that Morgan Stanley plans to acquire Bithumb, a local bitcoin exchange. The news surfaced two days after the American banking giant decided to offer three Bitcoin funds to its rich clients via its traditional investment platform. Bitcoin recently surged above $61,000 on higher institutional demand, up […]