Morgan Stanley Europe Opportunity Fund Reports Doubling Bitcoin Holdings

PHOTO SHUTTERSTOCK

Read the full article by Morgan Chittum here

The $4 trillion asset manager is one of many large financial institutions, including JPMorgan and Goldman Sachs, seeking to meet client demand for exposure to the digital asset class.

MS institutional portfolio reported holding 28,289 Grayscale BTC (GBTC) shares earlier this year.

Morgan’s Insight Fund reportedly has the largest amount of GBTC, holding 928,051 shares (about $36 million) as of June.

Morgan Stanley Europe opportunity reports holding 58,116 shares of Grayscale Bitcoin Trust(GBTC) as of July 31, according to an SEC filing on Monday. Revealing that Morgan Stanley already owns significant amounts of GBTC across a variety of different portfolios. Morgan’s insight fund reportedly has the largest holding of GBTC. They hold 928,051 shares, which is equivalent to roughly $31 million.

In SEC filings, Morgan Stanley has just reported owning a large amount of Grayscale Bitcoin across multiple portfolios.

The largest of these appears to be 928,051 shares held by Morgan's Insight Fund.

These are major disclosures.

Link to all filings:https://t.co/Vi4iiBa5J5 pic.twitter.com/FZfU8qS0TX

— MacroScope (@MacroScope17) August 25, 2021

Embed Block

Add an embed URL or code. Learn more