Reported 2 months ago
Morgan Stanley has authorized its 15,000 wealth advisors to sell Bitcoin ETFs, marking a significant shift as it becomes the first major U.S. bank to do so. This move is expected to greatly increase the distribution of Bitcoin ETFs, potentially tapping into trillions of dollars in portfolio holdings. Analysts believe this change could raise the distribution from about 10-15% to full capacity as more banks consider following suit.
Source: YAHOO