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Morgan Stanley's Bitcoin ETP MSBT Attracts $100M in First Six Days

GateNews
bitcoin newsStocksCapital Flow
BTC0.42%

According to CoinDesk, Morgan Stanley’s bitcoin ETP product MSBT attracted over $100 million in inflows within six days of launch, with all flows coming from self-directed investment channels, according to Amy Oldenburg, the bank’s digital assets strategy head.

Oldenburg noted that U.S. banks may eventually hold bitcoin on their balance sheets, though Federal Reserve guidance, Basel Accords, and global regulatory requirements will determine the timeline. Morgan Stanley is also pursuing an OCC digital trust charter to support direct custody of crypto assets and spot crypto trading services.

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