{"id":135624,"date":"2024-08-15T15:30:29","date_gmt":"2024-08-15T12:30:29","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=135624"},"modified":"2024-08-15T14:29:22","modified_gmt":"2024-08-15T11:29:22","slug":"top-u-s-bank-backs-blackrocks-bitcoin-etf-drops-grayscale-trust","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/top-u-s-bank-backs-blackrocks-bitcoin-etf-drops-grayscale-trust\/","title":{"rendered":"Top U.S. Bank Backs BlackRock’s Bitcoin ETF, Drops Grayscale Trust"},"content":{"rendered":"

As of June 30, 2024, the bank held over 5.5 million shares in this spot Bitcoin<\/a><\/strong> ETF, making it one of the top five shareholders. Additionally, Morgan Stanley has acquired 26,222 shares of the ARK 21Shares Bitcoin ETF, valued around $1.57 million, down from $2.3 million at the end of Q1 2024.<\/p>\n

The filing also shows a significant decrease in Morgan Stanley\u2019s position in the Grayscale Bitcoin Trust, which has dropped to approximately $148,000 from nearly $270 million previously, suggesting a near-total divestment from GBTC.<\/p>\n

Form 13F reports, required by the SEC from institutional managers with at least $100 million in assets, provide insights into stock holdings but exclude short positions.<\/p>\n