🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
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📅 Ends at 16:00, Sep 17 (UTC)
Morgan Stanley disclosed that it invested nearly $270 million in Grayscale GBTC, becoming one of the largest holders
Odaily Planet Daily News Morgan Stanley disclosed in its 13F filing submitted to the SEC in Q1 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 (investment of $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.