$1 Billion Milestone in View: Morgan Stanley's Bitcoin Stash Piles Up

Key Summary

Morgan Stanley's Bitcoin ETF, MSBT, is nearing a $1 billion milestone with approximately 10,519 BTC held, valued at $903.86 million. The fund, launched in April, has been steadily accumulating Bitcoin, with its holdings growing by over 80% in just five months. To reach the $1 billion mark, Morgan Stanley needs to hold less than $100 million worth of Bitcoin. The ETF has gained direct exposure to the U.S. spot Bitcoin market, and its Bitcoin holdings have been publicly tracked since its launch, with Arkham intelligence firm providing regular updates on its reserves.