Morgan Stanley disclosed in its Q1 13F filing with the SEC that it invested $269.9 million in the spot Bitcoin ETF through Grayscale GBTC.
According to Fintel data, this investment makes it one of the largest holders of GBTC after Susquehanna International Group (which invested $1 billion).
Morgan Stanley is also one of many global systemically important banks (G-SIBs) that have disclosed investments in spot Bitcoin ETFs, including Royal Bank of Canada, JPMorgan Chase, Wells Fargo, BNP Paribas, and UBS. (CryptoSlate)