Morgan Stanley Discloses $272.1M in Bitcoin ETFs as 1,000 Investors Hold Over $11B in Q2 2024

Oct 17, 2024, 10:14 PM

Research conducted on global Bitcoin (BTC) institutional holders indicates that over 1,000 institutional investors collectively held more than $11 billion in Bitcoin ETFs as of the second quarter of 2024. Notably, Morgan Stanley disclosed in a recent SEC filing that it holds $272.1 million in Bitcoin ETFs, which constitutes 0.02% of its total assets amounting to $1.2 trillion. This disclosure highlights Morgan Stanley's significant position in the cryptocurrency market, amidst a growing trend of institutional investment in Bitcoin.