Morgan Stanley's MSBT Spot Bitcoin ETF Holdings Top 10,000 BTC
JOON HYOUNG LEE
Summary
- Morgan Stanley's spot Bitcoin exchange-traded fund (ETF) has topped 10,000 Bitcoin in holdings.
- Morgan Stanley added about 1,650 Bitcoin last week through its spot Bitcoin ETF MSBT.
- MSBT's total Bitcoin holdings stood at 10,436, with the position valued at about $875 million.
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Morgan Stanley's spot Bitcoin exchange-traded fund has topped 10,000 BTC in holdings.
Odaily reported on Sept. 30 that Morgan Stanley added about 1,650 BTC last week through its spot Bitcoin ETF, MSBT.
That lifted MSBT's total Bitcoin holdings to 10,436. It is the first time the fund's Bitcoin holdings have exceeded 10,000 BTC.
MSBT's Bitcoin holdings are currently valued at about $875 million.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul