Asset Manager Morgan Stanley is reportedly considering offering a spot Bitcoin ETF on its brokerage platform.
The advent of broker-dealers such as Morgan Stanley and large registered investment advisor (RIA) networks could help bring more investments into ETFs.
Morgan Stanley Contemplating Spot Bitcoin ETF
Morgan Stanley is one of the largest broker-dealer platforms in the United States and has been actively evaluating offering spot bitcoin ETFs to clients since the United States Securities and Exchange Commission gave them the green light in January. Since their approval, spot Bitcoin ETFs have proved to be immensely successful.
“JUST IN: $1.3 trillion asset manager Morgan Stanley is now considering offering spot #Bitcoin ETFs to customers.”
However, many believe the floodgates will not truly open until Bitcoin ETFs are offered by big registered investment advisor networks such as Morgan Stanley, Merrill Lynch, Wells Fargo, and several others. Ten spot Bitcoin E
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