A recent filing with the U.S. Securities and Exchange Commission (SEC) reveals that international banking giant Morgan Stanley has an increased appetite for BTC, even as the price of cryptocurrency rises.
- According to several documents filed with the SEC, Morgan Stanley has significantly increased its exposure to BTC. The company did this by purchasing additional shares of the Grayscale Bitcoin Trust (GBTC).
- To summarize the difference between shares held by Morgan Stanley in June compared to now was the popular MacroScope Twitter account.
Growth portfolio (as of June 30): 2,130,153 shares
Growth portfolio (as of September 30): 3,642,118 shares
Insight Fund (as of June 30): 928,051 shares
Insight Fund (as of September 30): 1,520,549 shares
Global Opportunity Portfolio (as of June 30): 919,805 shares
Global Opportunity Portfolio (as of September 30): 1,463,714 shares
- It appears that Mogan Stanley is making serious efforts to integrate existing and future customers with Bitcoin.
- CryptoPotato reported earlier that they have released a comprehensive guide detailing the intricacies of cryptocurrency to their wealth management clients.
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