Morgan Stanley raises Bitcoin holdings by 115 BTC to 5,876 BTC

Arkham data shows the firm added to its position through spot Bitcoin ETF MSBT during a recent market dip, taking the stake to more than $389 million.

BTC

Summary

Morgan Stanley increased its Bitcoin exposure by buying an additional 115 BTC over the past week, lifting its total holdings to 5,876 BTC worth more than $389 million. The purchase was made through its spot Bitcoin exchange-traded fund, MSBT, and came as the firm used a recent market pullback to add to the position. The move points to continued institutional interest in Bitcoin as part of a broader asset management strategy, based on Arkham monitoring data.

Terms & Concepts
  • spot Bitcoin ETF: Fund that directly holds Bitcoin
  • MSBT: Morgan Stanley's spot Bitcoin ETF
  • market dip: Short-term decline in asset prices