Wealth advisers adopting BTC ETFs faster than any in history: Bitwise CIO
The CIO rebutted a more bearish take by investment researcher Jim Bianco, who noted that 85% of Bitcoin ETF uptake is NOT from tradfi institutions.
Loading
Welcome at World Crypto Global. This portal is packed with useful content and resources to built out your own crypto skills. WorldCrypto is a site member of Gabriel Vega Network.
The CIO rebutted a more bearish take by investment researcher Jim Bianco, who noted that 85% of Bitcoin ETF uptake is NOT from tradfi institutions.
For now, the advisory platform is only recommending ETFs from BlackRock and Fidelity.
Morgan Stanley, one of the largest investment banks in the United States, has announced that it will soon allow its 15,000 financial advisors to offer Bitcoin ETF (exchange-traded fund) products to eligible clients. Interestingly, this is the first time a major Wall Street bank has given its wealth management division the green light to promote [...]
The post Morgan Stanley Authorizes Advisors To Offer Bitcoin ETF Products, Report appeared first on Crypto Breaking News.
On Friday, Morgan Stanley announced a significant shift in its financial services, becoming the first major Wall Street bank to allow its financial advisors to offer Bitcoin exchange-traded funds (ETFs) to qualified clients. This move is set to take effect on August 7, and will enable the banks 15,000 advisors to recommend two specific BTC […]
Winning over the $3.75-trillion financial advisory firm is a historic milestone for crypto.
Morgan Stanley will be the first major Wall Street bank to permit its financial advisors to offer spot Bitcoin exchange-traded funds (ETFs), CNBC reported on Aug. 2, citing sources familiar with the matter. This decision enables Morgan Stanley’s over 15,000 financial advisors to sell shares of BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin […]
The post Morgan Stanley first in Wall Street to authorize spot Bitcoin ETFs for wealthy clients appeared first on CryptoSlate.
The US banking behemoth has chosen only two Bitcoin ETF providers.
Starting Wednesday, Morgan Stanley's financial advisors can solicit eligible clients to purchase shares of BlackRock and Fidelity's spot Bitcoin ETFs.
Morgan Stanley's move could accelerate Bitcoin's integration into traditional finance, potentially influencing other major banks to follow suit.
The post Morgan Stanley greenlights Bitcoin spot ETF offerings for wealth advisors appeared first on Crypto Briefing.
Investment advisers are expanding their spot Bitcoin ETF holdings, but Coinbase warns that large inflows might not be seen immediately due to the slow summer period in the United States.
Coinbase's latest report highlights a rise in institutional inflows into U.S. spot Bitcoin ETFs, signaling growing interest from the investment advisor sector despite recent market downturns.
The investment firm disclosed to the SEC that it held more than 5.5 million shares of the iShares Bitcoin Trust in the second quarter of 2024.
Crypto skeptic John Reed Stark has lambasted banking giant Morgan Stanleys decision to allow its advisers to offer spot Bitcoin ETFs to wealthy clients.
The price of Bitcoin has shown no significant movement in the last day rising by only 0.78% according to data from CoinMarketCap. Following a widescale crash in the global financial markets, the crypto market leader pulled off a strong recovery in the past week, gaining by 16% to reach a peak of $62,000. As Bitcoin [...]
The post Bitcoin To Rally To $250,000 If This Condition Is Met, Analyst Says appeared first on Crypto Breaking News.
Here is a roundup of the top crypto stories you may have missed.
$1.5 trillion AUM financial giant Morgan Stanley discloses $270 million investment in spot Bitcoin ETFs, positioning itself among major institutional holders.
Two of Wall Street’s most established financial firms, Morgan Stanley and Charles Schwab, are reportedly preparing to offer access to crypto trading. Morgan Stanley reportedly plans to roll out spot crypto trading on its E*Trade platform by 2026. To support this integration, the firm is exploring partnerships with crypto-native companies. While Morgan Stanley already offers […]
The post Morgan Stanley and Charles Schwab eye crypto trading as US regulations ease appeared first on CryptoSlate.
After years of resistance, traditional financial institutions like Morgan Stanley and E*TRADE are embracing cryptocurrency trading. According to a report, it is projected that these large institutions will fully integrate crypto trading into their platforms by 2026. The once skeptical attitude toward digital assets is shifting as more banks and investment firms recognize the potential [...]
Banking titan Morgan Stanley is gearing up to open its doors to 15,000 brokers to solicit client purchases of spot Bitcoin exchange-traded funds [ETFs], making sure all brokers can offer this option to clients. However, as per the latest update, the Wall Street behemoth intends to proceed in a controlled manner, likely to minimize any […]
Mathew McDermott believes big banks can take advantage of the crisis to grow their businesses.
World Crypto Global opens the door to digital freedom for everyone.
Manage your free WCG Coins securely—where simplicity meets global accessibility.
FREE CRYPTO COINS
AVAILABLE FOR RESERVATION
ALREADY ALLOCATED
No fees. No catch. Your crypto journey starts here.