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This Week Morgan Stanley SEC Filings Shows That Bank Has Acquired Large Amount Of Bitcoin Via Grayscale Bitcoin Trust

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This week Morgan Stanley SEC filings shows that the bank has acquired large amount of bitcoin via Grayscale Bitcoin Trust.


 

Morgan Stanley is increasing its investment in the Grayscale Bitcoin Trust. Bank recent SEC filings indicate that the Morgan’s Insight Fund, Morgan Stanley Variable Insurance Fund Inc, Morgan Stanley Institutional Fund Inc, and the Morgan Stanley Institutional Fund Trust all made indirect investments in Bitcoin. The largest of these appears to be 928,051 shares held by Morgan’s Insight Fund.

Morgan Stanley majority of cryptocurrency investments are made in the Grayscale Bitcoin Trust.

According to SEC filings On June 29,  Morgan Stanley first purchased 28,289 shares of the Grayscale Bitcoin Trust via its European Opportunity Fund.

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Ammarahttps://thecryptobasic.com/
I am the editor-in-chief of The Crypto Basic. Love to get involved in cryptocurrencies. I am in crypto since 2014. I like the way blockchain is progression, being adopted by large firms and in most parts of our lives. We are early adopters and followers of blockchain, and time will surely come when our success factor will be blockchain.

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