Morgan Stanley bought more Bitcoin over the past two days through its spot Bitcoin exchange-traded fund, MSBT, according to the latest monitoring data from Arkham. The purchases totaled about $21.91 million and added roughly 320.951 BTC to the firm’s position. Following the latest accumulation, Morgan Stanley’s total Bitcoin holdings have risen to 6,995 BTC. The position is valued at about $515 million based on the figures cited in the report. The update points to a continued increase in the bank’s Bitcoin exposure through its ETF vehicle, with the total now sitting just below the 7,000 BTC mark.
According to the latest monitoring data from Arkham, Morgan Stanley has increased its Bitcoin holdings over the past two days through its spot Bitcoin exchange-traded fund, MSBT.
The bank spent a total of about $21.91 million to buy roughly 320.951 BTC. Its total Bitcoin holdings have now reached 6,995 BTC, worth about $515 million.
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