Morgan Stanley Proposes MSBT Bitcoin ETF Amendment! Adopts Three-Party Custody, Six Months Fee-Free
Morgan Stanley submitted an amendment for a Bitcoin spot ETF, planning to list it on the New York Stock Exchange under the ticker MSBT, becoming the first mainstream bank to issue such an ETF, demonstrating its emphasis on digital assets. To ensure asset security, it has hired multiple custodians. Additionally, the bank plans to establish a digital trust to expand cryptocurrency trading services. Despite complex market conditions, Morgan Stanley's further strategic deployment continues to boost market confidence.