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Morgan Stanley disclosed that it invested nearly US$270 million in Grayscale GBTC, becoming one of the largest holders

Morgan Stanley disclosed that it invested nearly US$270 million in Grayscale GBTC, becoming one of the largest holders

Bitget2024/05/16 07:26

According to news on May 16, Morgan Stanley disclosed in its 13F filing submitted to the SEC in Q1 that it invested US$269.9 million in the spot Bitcoin ETF through Grayscale GBTC. The investment makes it one of the largest holders of GBTC after Susquehanna International Group, which invested $1 billion, according to Fintel data. Morgan Stanley is also one of a number of global systemically important banks (G-SIBs) that have disclosed investments in spot Bitcoin ETFs, including Royal Bank of Canada, JPMorgan Chase, Wells Fargo, BNP Paribas and UBS.

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