Blockchain
Bitcoin (BTC) ETF stocks disclosed by Morgan Stanley
Morgan Stanley owned $269.9 million of Grayscale’s Bitcoin Trust (GBTC) as of March 31, Deposit 13F showed.
Other banking giants, including JPMorgan, Wells Fargo and UBS, also disclosed holdings in spot bitcoin exchange-traded funds during the first quarter.
It is important to note that these purchases do not necessarily represent the banks’ views on the price direction of bitcoin, but were likely made on behalf of the banks’ wealth management clients or necessary for market making and/or authorized ETF participants . Duties.