Morgan Stanley Drops Bitcoin ETF Bombshell, Who’s Really Behind The Buying?
Morgan Stanley's head of digital assets, Amy Oldenburg, states that Bitcoin ETF adoption is still in its early stages, with 80% of current demand on their platform coming from self-directed investors. The bank, which now allows all wealth clients to invest in Bitcoin ETFs, is preparing to launch its own BTC, ETH, and SOL ETFs. Despite being a late entrant, its massive distribution network positions it for significant demand. On-chain data reveals Jane Street, Susquehanna, and Citadel as top institutional holders of Bitcoin ETFs, with BlackRock ranking 15th. Bitcoin's price is currently around $70,600.
bitcoinist03/21 00:01
