Morgan Stanley first in Wall Street to authorize spot Bitcoin ETFs for wealthy clients

Morgan Stanley will be the first major Wall Street bank to permit its financial advisors to offer spot Bitcoin exchange-traded funds (ETFs), CNBC reported on Aug. 2, citing sources familiar with the matter. This decision enables Morgan Stanley’s over 15,000 financial advisors to sell shares of BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin […] source: https://cryptoslate.com/morgan-stanley-first-in-wall-street-to-authorize-spot-bitcoin-etfs-for-wealthy-clients/