Morgan Stanley allows advisors to pitch Bitcoin ETFs to clients, starting August 7th.

Morgan Stanley becomes the first major Wall Street bank to allow its financial advisors to pitch Bitcoin ETFs to some clients, starting with BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund on August 7th. This move follows the US Securities and Exchange Commission's approval of 11 spot bitcoin ETFs in January. Morgan Stanley's decision responds to client demand and aligns with the evolving market for digital assets.

August 02, 2024
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