tldr; Morgan Stanley is set to offer Bitcoin ETFs to its wealthy clients starting August 7, partnering with two leading providers. This move comes as Bitcoin ETFs gain popularity, with 11 spot Bitcoin ETFs approved by the SEC earlier this year, attracting nearly $18 billion in assets. Morgan Stanley’s decision aims to meet growing client demand for Bitcoin exposure through SEC-approved ETFs. Eligible clients must have a net worth over $1.5 million and an aggressive risk tolerance. The bank will offer BlackRock’s IBIT and Fidelity’s FBTC, with over $20 billion and nearly $10 billion in assets respectively.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Mundane-Farm-4117 on
Are my $2 considered wealthy
RealVoldemort on
No mention of Eth ETFs? 😭🔪
Abysskitten on
2020: Crypto is a scam.
2024: Have you considered crypto as part of your portfolio, Mr. and Mrs. Van Whippersnoot?
kirtash93 on
So they are not going to contact my $25 worth bank account.
5 Comments
tldr; Morgan Stanley is set to offer Bitcoin ETFs to its wealthy clients starting August 7, partnering with two leading providers. This move comes as Bitcoin ETFs gain popularity, with 11 spot Bitcoin ETFs approved by the SEC earlier this year, attracting nearly $18 billion in assets. Morgan Stanley’s decision aims to meet growing client demand for Bitcoin exposure through SEC-approved ETFs. Eligible clients must have a net worth over $1.5 million and an aggressive risk tolerance. The bank will offer BlackRock’s IBIT and Fidelity’s FBTC, with over $20 billion and nearly $10 billion in assets respectively.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Are my $2 considered wealthy
No mention of Eth ETFs? 😭🔪
2020: Crypto is a scam.
2024: Have you considered crypto as part of your portfolio, Mr. and Mrs. Van Whippersnoot?
So they are not going to contact my $25 worth bank account.