
Decrypt reported that Morgan Stanley is positioning tokenized money market funds as a next step in its digital asset strategy after launching spot Bitcoin ETF MSBT, which drew 4.9 billion yen on its first day.
Morgan Stanley identified tokenized money market funds as a next stage in its digital asset strategy after the launch of its spot Bitcoin ETF, MSBT. According to Decrypt’s report on the 12th, MSBT launched on the 8th with a 0.14% fee and attracted 4.9 billion yen on its first trading day. The update adds product launch and initial inflow details to Morgan Stanley’s broader digital asset plans, which previously included ETF applications tied to Ethereum and Solana as well as consideration of additional crypto-linked financial services.