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Morgan Stanley withdraws over 1,100 Bitcoin through MSBT ETF

  • Morgan Stanley withdrew more than 1,100 Bitcoin through its MSBT spot Bitcoin ETF.
  • The transaction was valued at approximately $96.4 million.
  • Morgan Stanley’s holdings reached 9,218 BTC, worth about $775 million, for the first time above 9,000 BTC.

Morgan Stanley withdrew more than 1,100 Bitcoin, worth about $96.4 million, from a Coinbase Prime Deposit address through its spot Bitcoin ETF, MSBT, Arkham said. The move lifted the firm’s total Bitcoin holdings above 9,000 BTC for the first time, to 9,218 BTC valued at approximately $775 million.

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Morgan Stanley withdraws over 1,100 Bitcoin through MSBT ETF - CoinPost Terminal