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Morgan

Morgan Stanley’s infrastructure partner Zerohash rebuffed in pitch to be U.S. trust bank

Morgan Stanley’s infrastructure partner Zerohash rebuffed in pitch to be U.S. trust bank

1 day ago by Crypto InsightsCrypto

Unlike denials (as received by Wise and Bunq) a return doesn’t come with a detailed explanation. The company didn’t publicly disclose the development when it happened, as it had with the submission of its application. And Zerohash hadn’t voluntarily withdrawn the filing, as was its… Read More

Morgan Stanley launches Stablecoin Reserves Portfolio. Here’s what it means

Morgan Stanley launches Stablecoin Reserves Portfolio. Here’s what it means

4 months ago by Crypto InsightsCrypto

Investment banking giant Morgan Stanley has made a quiet by significant move into stablecoins, expanding its footprint in the digital assets industry. The firm’s investment management arm, MSIM, has announced the launch of the Stablecoin Reserves Portfolio – a government money market fund designed for… Read More

Morgan Stanley’s bitcoin ETF draws $33.9 million on day one

Morgan Stanley’s bitcoin ETF draws $33.9 million on day one

4 months ago by Crypto InsightsCrypto

Morgan Stanley’s spot bitcoin exchange-traded fund (ETF) began trading Wednesday with solid early activity, logging more than 1.6 million shares traded and roughly $34 million in inflows, the bank said. The fund, listed under the ticker MSBT, tracks the CoinDesk Bitcoin Benchmark 4 PM New… Read More

Morgan Stanley enters bitcoin ETF race with market-leading low fee

Morgan Stanley enters bitcoin ETF race with market-leading low fee

5 months ago by Crypto InsightsCrypto

Morgan Stanley plans to price its proposed spot bitcoin BTC$66,166.22 exchange-traded fund (ETF) at 14 basis points, a level just below current low-cost options for similar products, according to an amended filing with the U.S. Securities and Exchange Commission (SEC). The move could set off… Read More

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