Morgan Stanley Reveals $269 Million Investment in Grayscale’s GBTC

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Crypto Blog

Morgan Stanley, the sixth-largest banking firm in the United States, has invested over $269 million in a spot Bitcoin ETF, as disclosed in its recently published Form 13-F.

These allocations were highlighted in the first-quarter 13F reporting deadline, the end of the initial period for investors to purchase most spot Bitcoin ETFs. According to Bitwise CIO Matt Hougan, approximately 700 professional firms have invested nearly $5 billion in spot Bitcoin ETFs by the May 15 deadline.this trend as representing a “historical scale of professional investor ownership.

In addition, alternative asset manager Aristeia Capital LLC disclosed a substantial $163.4 million investment in IBIT on May 15. Similarly, Connecticut-based investment firm Graham Capital Management disclosed investments totaling $98.8 million in IBIT and $3.8 million in FBTC. Hedge fund manager Crcm LP also revealed a $96.6 million investment in IBIT.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 568. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Q1 earnings buy list: Morgan Stanley picks Nvidia, Amazon and these 10 stocksQ1 earnings buy list: Morgan Stanley picks Nvidia, Amazon and these 10 stocks
Source: Investingcom - 🏆 450. / 53 Read more »

Top China stocks to own: Morgan Stanley refreshes its listTop China stocks to own: Morgan Stanley refreshes its list
Source: Investingcom - 🏆 450. / 53 Read more »

Morgan Stanley has named its top global dividend stocks for this quarterMorgan Stanley has produced a 'conviction list' of dividend stocks in Asia.
Source: CNBC - 🏆 12. / 72 Read more »

These are Morgan Stanley's top picks into quarterly earningsThe firm's list of top stocks that could bounce on earnings includes a top artificial intelligence play and an e-commerce giant.
Source: CNBC - 🏆 12. / 72 Read more »