Morgan Stanley’s spot Bitcoin exchange-traded fund, MSBT, has not posted any capital outflows this month, according to a Techub News item citing U.Today. The update counters earlier market chatter that the firm was selling Bitcoin. On-chain data, as referenced in the report, shows the fund’s holdings have remained stable. The report did not provide additional figures, but it said there has been no recorded outflow from MSBT during the month. The item focuses on two points: the absence of fund outflows and the stability of holdings on-chain, despite prior rumors of Bitcoin sales linked to Morgan Stanley.
Morgan Stanley’s spot Bitcoin exchange-traded fund MSBT has recorded no outflows this month, according to Techub News, which cited U.Today.
Earlier rumors had claimed the institution was selling Bitcoin. The report said on-chain data shows its holdings have remained stable.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
