Morgan Stanley adds 266.56 BTC via spot Bitcoin ETF, holdings reach 4,348 BTC

Arkham monitoring cited by Odaily said the bank increased exposure over the past week, lifting the position by about $17.26 million to roughly $273.8 million.

BTC

Summary

Morgan Stanley increased its Bitcoin exposure over the past week by adding 266.56 BTC through its spot Bitcoin ETF MSBT, according to Arkham monitoring cited by Odaily. The purchase was valued at $17.26 million. That brought the firm's total Bitcoin holdings to 4,348 BTC, worth about $273.8 million. The move suggests the bank added to its position during a market pullback, a strategy often described as buying the dip.

Terms & Concepts
  • spot Bitcoin ETF: Fund that directly holds Bitcoin
  • buying the dip: Purchasing after prices fall
  • BTC: Ticker symbol for Bitcoin