Morgan Stanley goes big on BTC with $250 million position

Traditional finance keeps raising its Bitcoin exposure. Morgan Stanley’s recent buy of Grayscale Bitcoin shares would make the Wall Street stalwart the second-largest holder of GBTC.

What is GBTC, and what makes it attractive to mainstream finance?

Ark Invest buys up 1 million shares

Cardano joins the pool

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store