Morgan Stanley Commits to Bitcoin: ETF Inflows To Soar?

Morgan Stanley plans to start recommending Bitcoin ETFs to customers soon. The firm reportedly plans to start with only a select class of investors and two of the approved 11 ETFs. Morgan Stanley's increased commitment to Bitcoin has been rumored for months. Bitcoin has enjoyed a significantly positive run in the past year, more than doubling in price to clinch new all-time highs of around $74,000. A key contributor to this rise has been the success of spot Bitcoin ETFs approved in January 2024. In just eight months, these products have already raked in nearly $18 billion in net

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