Morgan Stanley's Bitcoin ETP MSBT Attracts $100M in First Six Days

BTC1.22%

According to CoinDesk, Morgan Stanley’s bitcoin ETP product MSBT attracted over $100 million in inflows within six days of launch, with all flows coming from self-directed investment channels, according to Amy Oldenburg, the bank’s digital assets strategy head.

Oldenburg noted that U.S. banks may eventually hold bitcoin on their balance sheets, though Federal Reserve guidance, Basel Accords, and global regulatory requirements will determine the timeline. Morgan Stanley is also pursuing an OCC digital trust charter to support direct custody of crypto assets and spot crypto trading services.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

BTC breaks through 80,000 USDT

Gate News bot message, Gate market data shows that BTC has broken through 80,000 USDT, and the current price is 80,000 USDT.

CryptoRadar3m ago

Bitcoin Developers Warn Against Paul Sztorc's eCash Fork

Developers and industry figures have raised concerns about an eCash proposal, citing user risk, uneven distribution, and philosophical tension as key issues. Developer Concerns The proposal has drawn criticism from multiple developers and industry participants who argue it introduces several

CryptoFrontier33m ago

Bisq Protocol Attacked, 11 BTC Stolen on May 4; Compensation Plan Under DAO Vote

According to Bisq, the protocol was attacked on May 4 due to missing verification mechanisms, resulting in approximately 11 BTC being stolen, primarily from altcoin trades. The platform is discussing compensation options for affected users, who can choose between Bitcoin or BSQ token reimbursement p

GateNews1h ago

Dormant Wallets Spend 793 BTC Over 72 Hours as Bitcoin Crosses $79,000

Onchain data shows 793.36 sleeping bitcoins changed hands between May 1 and May 3, 2026, with a notable portion traced back to wallets that had not moved coins since 2011. Key Takeaways: Onchain data shows 793 BTC spent May 1-3, 2026, with 56 of 62 outputs originating from 2016 wallets. A

Coinpedia2h ago

Paradigm proposes Bitcoin quantum security design for key control proof

Venture fund Paradigm has proposed a new design that would allow cryptocurrency holders to privately timestamp proof that they control vulnerable keys before quantum computers arrive, according to the proposal. The design is intended to create a possible rescue path if Bitcoin ever sunsets old

CryptoFrontier2h ago
Comment
0/400
No comments