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$150 Billion Wall Street Giant Could Take a Critical Step for Bitcoin - Coin Bulletin
Banking giant Morgan Stanley is considering adding spot Bitcoin ETFs to its platform.
Morgan Stanley began considering adding these investment vehicles to its broker platform after its spot Bitcoin ETFs began trading in the United States.
While the 10 spot Bitcoin ETFs have raised a total of billions of dollars since January, there are still many investment advisors who have not received the necessary permits to use these instruments.
These have still not been added to the platform of Wall Street giants such as Merrill Lynch, Morgan Stanley, Wells Fargo.
Morgan Stanley, which collectively manages more than $150 billion in assets, began providing wealthy clients with access to Bitcoin funds in 2021.