CoinDesk••1 min read
Morgan Stanley Files for Spot Bitcoin ETF with MSBT Ticker and $1M Seed Capital
The Signal TakeBullish
Investment bank Morgan Stanley has officially filed to launch a spot Bitcoin ETF. The proposed exchange-traded fund will operate under the ticker symbol MSBT. Furthermore, the filing indicates that the ETF will commence with a substantial $1 million in seed capital at its debut. This development signals increasing interest from traditional financial institutions in offering direct exposure to Bitcoin to their clients.
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