Morgan Stanley bought $200 million in the Bitcoin ETFs
The big money banks are dipping their toes in
While $200 million isn't a gigantic number, it isn't nothing either.
It represents the largest of the large institutions showing up and buying bitcoin in a significant way.
This is why the bitcoin ETFs were so important.
It allowed the big institutions a way to easily gain some exposure.
(Source: https://x.com/Vivek4real_/status/1823802082174099884/photo/1)
Morgan Stanley recently announced they are letting their wealth management division pitch the bitcoin ETFs so this number probably goes up as well.
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