Crypto
Morgan Stanley buys bitcoin for third straight day, holdings reach $400 million
Morgan Stanley has bought bitcoin for three consecutive days, lifting its holdings to about $400 million, blockchain outlet U.Today reported on Aug. 7, citing recent Arkham Intelligence data. The bank has expanded its bitcoin position since launching the MSTU bitcoin ETF in April and has recently stepped up purchases. It has also launched ethereum and solana ETFs and is increasing low-cost crypto investment products aimed at institutional investors.
