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flag Morgan Stanley files for a spot Bitcoin ETF with Coinbase and BNY Mellon as custodians, targeting direct Bitcoin holdings and tracking its price.

flag 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. flag The fund will directly hold Bitcoin, primarily in offline cold storage, with limited movement to trading wallets during share creation or redemption. flag BNY will handle administration, transfer agency, and cash custody. flag The ETF will track Bitcoin’s price using the CoinDesk Bitcoin Benchmark 4PM rate. flag Custody insurance is shared among clients and may not cover all losses. flag 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.

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