Morgan Stanley spot Bitcoin ETF buys 114.644 BTC, holdings top 6,231 BTC

The purchase, tracked by Arkham and reported by PANews on August 1, was worth about $7.21 million and lifted the fund’s Bitcoin position above $390 million.

BTC

Summary

Morgan Stanley added about 114.644 BTC through its spot Bitcoin ETF MSBT on August 1, a purchase worth roughly $7.21 million. Arkham monitoring, cited by PANews, showed the buy lifted the ETF’s total Bitcoin holdings above 6,200 BTC to 6,231 BTC, with the position valued at more than $390 million. The update points to continued institutional exposure to Bitcoin through spot ETFs, which hold the underlying asset directly rather than using derivatives.

Terms & Concepts
  • spot Bitcoin ETF: An exchange-traded fund that holds Bitcoin directly.
  • BTC: Ticker symbol for Bitcoin.