Morgan Stanley Buys Over 28,000 Shares of Grayscale Bitcoin Trust

Megabank Morgan Stanley has purchased 28,289 shares of Grayscale Bitcoin Trust through its Europe Opportunity Fund, according to an SEC filing.

Grayscale is owned by CoinDesk parent company Digital Currency Group.

Morgan Stanley has been increasingly active in the cryptocurrency space in recent months to meet growing demand from its clients. In April, the firm allowed a handful of its funds to invest indirectly in bitcoin through cash-settled futures contracts and Grayscale’s Bitcoin Trust,…


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