Tags : Morgan

Bitcoin

Bitcoin Hits $60,000 on Coinbase and Morgan Stanley’s Street Swapping

Bitcoin briefly surged above $60,000 Friday as the focus shifted on Coinbase and its plans to go public this month alongside Morgan Stanley’s latest pro-crypto securities filing. First Coinbase Coinbase announced late night Thursday that it received approval from the US securities regulator, the Securities and Exchange Commission, to list its share on the Nasdaq […]Read More

Bitcoin

Morgan Stanley approves Bitcoin investments for a dozen new funds

American investment bank Morgan Stanley plans to allow a dozen of its funds to invest in Bitcoin via cash-settled futures and the Grayscale Bitcoin Trust (GBTC), according to its filing with the Securities and Exchange Commission published yesterday. “Certain Funds may have exposure to bitcoin indirectly through cash settled futures or indirectly through investments in […]Read More

Bitcoin

US bank Morgan Stanley to launch three Bitcoin funds

Morgan Stanley will soon launch two Bitcoin-focused funds as demand for cryptocurrencies picks up among institutional clients, reported business outlet CNBC on Thursday, citing two people with knowledge of the matter. The bank has, so far, remained wary of introducing crypto services or implementing tools that aid the adoption and use of the asset class. […]Read More

Bitcoin

JP Morgan Builds Basket Of Companies With Bitcoin Exposure

MicroStrategy shares skyrocketed alongside the parabolic Bitcoin rally as investors rushed to gain exposure to the trending cryptocurrency any way they could. Banking on this demand, JP Morgan is planning to introduce a new investment product that is a basket of companies with some type of cryptocurrency market exposure. Here’s a deeper look at what […]Read More

Bitcoin

Report: Morgan Stanley’s $150 billion arm contemplates Bitcoin investment

Counterpoint Global, a $150 billion unit of multinational investment bank Morgan Stanley, is considering investing in Bitcoin (BTC), knowledgeable sources told Bloomberg today. Morgan Stanley may bet on Bitcoin in $150 billion investment arm, Bloomberg is reporting. In January, Morgan Stanley boosted stake in MicroStrategy to 10.9%. This is all happening faster than I ever […]Read More