Morgan Stanley Files for Bitcoin Exposure in Funds via New Spot ETFs

• Morgan Stanley filed for Bitcoin exposure in several funds through investments in recently launched spot Bitcoin ETFs • The funds will have indirect exposure, allocated up to 25% of assets to Bitcoin ETFs • Morgan Stanley acknowledges the funds carry the same risks as investing in cryptocurrencies • This continues Morgan Stanley's positive response to crypto investments after previously holding GBTC shares • The move could boost adoption and expansion of new Bitcoin ETFs which have already fueled a surge in Bitcoin's price over $60k