Posted 2/28/2024, 8:00:54 PM
Morgan Stanley Considers Spot Bitcoin ETF Amid SEC Approvals and Bitcoin Price Surge
- Morgan Stanley, a $1.3 trillion asset manager, is considering offering a Spot Bitcoin ETF to its customers
- Morgan Stanley began exploring this after the SEC approved several spot Bitcoin ETFs in January 2023
- The new spot Bitcoin ETFs have seen great success, with 9 breaking the all-time daily volume record
- The ETF from BlackRock's iShares has broken the daily volume record for 2 straight days
- Bitcoin's price has surged past $61,000, reaching highs not seen since November 2021