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Morgan Stanley raises BlackRock Bitcoin ETF stake by 23%

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crypto.news Editorial

(05:51 PM UTC)

1 min read

Reviewed byMichael Roberts

0 comments

Morgan Stanley has increased its reported holding in BlackRock’s spot Bitcoin ETF by 23% to about 16.5 million shares while adding exposure to Ether, Solana, and several crypto-linked companies during the second quarter.

Summary

Morgan Stanley added roughly 3.04 million shares of BlackRock’s IBIT during Q2.
Its IBIT position was valued at $549 million…

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