Morgan Stanley Accumulated $83.6M Bitcoin

15 hours ago 5

Rommie Analytics

Key Takeaways:

  • Morgan Stanley’s MSBT ETF bought $83.6M in Bitcoin within days of launch 
  • On-chain data shows the fund currently holds $64.4M in BTC-linked addresses 
  • Arkham claims it identified the ETF’s blockchain wallets for the first time 

Morgan Stanley is moving fast into Bitcoin exposure. Fresh on-chain data suggests the bank’s new ETF is already accumulating tens of millions in BTC within its first week.

Read More: Morgan Stanley Unveils Bitcoin ETP With 0.14% Fee

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Morgan Stanley Accelerates Bitcoin Accumulation

Blockchain analytics platform Arkham reported that Morgan Stanley’s MSBT ETF has purchased approximately $83.6 million worth of Bitcoin since launchi...

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