Morgan Stanley Invests $270 Million in Bitcoin ETFs

🏦 Morgan Stanley and other global systemically important banks (G-SIBs), including the Royal Bank of Canada, JPMorgan Chase, Wells Fargo, BNP Paribas, and UBS, have disclosed investments in spot Bitcoin ETFs.

Morgan Stanley has invested $269.9 million in Bitcoin ETFs through Grayscale’s GBTC, making it one of the largest holders of GBTC💰. Susquehanna International Group leads with a $1.0 billion investment.

As of May 15, over 700 professional firms have collectively invested nearly $5 billion in Bitcoin ETFs.