Today news
About the same in other media
Morgan Stanley increased exposure to Bitcoin, held $300M in Grayscale shares
Reading now: 931
Investment funds from major U.S. investment bank Morgan Stanley have increased their exposure to Bitcoin through purchases of shares of Grayscale Bitcoin Trust.
According to filings from the United States Securities and Exchange Commission on Nov. 23, the Morgan Stanley Insight Fund increased its holdings of Grayscale Bitcoin Trust, or GBTC, shares more than 63%, from 928,051 in the second quarter of 2021 to 1,520,549 as of Sept. 30. In addition, filings on the firm’s Growth Portfolio show it holding 3,642,118 GBTC shares in the third quarter of 2021, an increase of 71% when compared with 2,130,153 shares as of Q2. The Morgan Stanley Global Opportunity Portfolio held 1,463,714 GBTC, a 59% increase from 919,805 shares in three months.
At the
Read more on cointelegraph.comAbout this in other media
Morgan Stanley’s Rawlinson steps down from UK investment bank chair role fnlondon.com /2 years ago
Goldman Sachs names new co-head of UK M&A amid deal boom fnlondon.com /2 years ago
Morgan Stanley joins JPMorgan in paying bankers’ Hong Kong quarantine bills fnlondon.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
