Morgan Stanley Funds Adding to Bitcoin Exposure, SEC Filings Show

Morgan Stanley Funds Adding to Bitcoin Exposure, SEC Filings Show

Technology
November 28, 2021 by mvp00
29
In new filings with the U.S. Securities and Exchange Commission (SEC), banking giant Morgan Stanley has revealed some of its funds added Bitcoin exposure in Q3. For the period ending September 30, Morgan Stanley’s Growth Portfolio Fund, for example, added 1.5 million shares of the Grayscale Bitcoin Trust (GBTC). Similarly, its Insight Fund added nearly
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In new filings with the U.S. Securities and Exchange Commission (SEC), banking giant Morgan Stanley has revealed some of its funds added Bitcoin exposure in Q3.

For the period ending September 30, Morgan Stanley’s Growth Portfolio Fund, for example, added 1.5 million shares of the Grayscale Bitcoin Trust (GBTC). Similarly, its Insight Fund added nearly 600,000 shares over the period.

Other Morgan Stanely funds added exposure as well, suggesting that Morgan Stanley fund managers are becoming more comfortable adding Bitcoin to their portfolios.





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