Morgan Stanley disclosed in an SEC filing that, as of June 30, 2024, it held approximately $188 million in BlackRock's IBIT, totaling over 5.5 million shares. The firm also reported smaller investments in other crypto ETFs, including those from Valkyrie, Fidelity, Bitwise, Invesco, Proshares, and Grayscale. This comes before Morgan Stanley allowed its advisers to recommend Bitcoin ETFs to clients, highlighting IBIT and FBTC. Source: Cointelegraph
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