Morgan Stanley Latest Bank to Disclose Spot Bitcoin ETF Holdings for Clients

Morgan Stanley reported holding approximately $270 million in Grayscale’s Bitcoin Trust as of March 31, primarily on behalf of its clients. This disclosure followed the bank's recent allowance for clients to invest in spot bitcoin ETFs after their approval. Other major banks like JPMorgan, Wells Fargo, and UBS have also reported similar investments in bitcoin-related funds, indicating a trend of growing institutional interest in cryptocurrency assets.