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Morgan Stanley files for a spot Bitcoin ETF with Coinbase and BNY Mellon as custodians, targeting direct Bitcoin holdings and tracking its price.
Morgan Stanley has filed an S-1 with the SEC for a spot Bitcoin ETF, naming Coinbase and Bank of New York Mellon as custodians.
The fund will directly hold Bitcoin, primarily in offline cold storage, with limited movement to trading wallets during share creation or redemption.
BNY will handle administration, transfer agency, and cash custody.
The ETF will track Bitcoin’s price using the CoinDesk Bitcoin Benchmark 4PM rate.
Custody insurance is shared among clients and may not cover all losses.
The move signals Morgan Stanley’s broader push into digital assets, including plans to offer crypto trading via E*Trade and pursue a national trust charter.
Morgan Stanley solicita un ETF spot de Bitcoin con Coinbase y BNY Mellon como custodios, apuntando a las tenencias directas de Bitcoin y rastreando su precio.