Morgan Stanley quietly added nearly 1,000 BTC over the past two weeks, "buying the dip" through its spot Bitcoin ETF (MSBT), according to Arkham. Total holdings now stand at 5,761 BTC, valued at over $369 million. The accumulation came via multiple transfers from a major compliant trading venue. The buying follows Morgan Stanley Wealth Management's June referral partnership with Galaxy Digital. Eligible clients can lend BTC, ETH, and SOL to Galaxy in exchange for shares in spot crypto products, moving exposure into regulated vehicles without selling assets — accelerating in-kind onboarding by up to 75%.
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