Morgan Stanley Reveals Investment in BlackRock’s Bitcoin ETF

Morgan Stanley recently disclosed a 2.1% investment in BlackRock's spot Bitcoin ETF, IBIT, as part of its Institutional Fund.

In a filing with the SEC dated September 4, the firm reported holding over $10 million in assets, which translates to roughly $211,000 invested in IBIT.

The same fund has also allocated 4% to shares of MicroStrategy, a company that maintains a substantial Bitcoin reserve of 226,500 BTC. Both of these investments rank among the top ten in the Institutional Fund’s portfolio.

Managed by Counterpoint Global, a division of Morgan Stanley, this fund focuses on long-term investments in companies with potential for significant market growth. The 2% allocation to IBIT indicates a positive outlook on Bitcoin’s future from the Counterpoint Global team.

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Fidelity Moves Bitcoin Holdings Amid ETF Outflows

Morgan Stanley, a major player in the asset management industry with over $1.5 trillion in assets reported in April, recently permitted its 15,000 advisors to suggest investments in US-traded Bitcoin ETFs, starting with IBIT and Fidelity’s FBTC.

In a subsequent SEC report, Morgan Stanley revealed it holds nearly $187 million in IBIT.

Alexander Stefanov