Morgan Stanley Selects BNY Mellon and Coinbase for Bitcoin ETF Custody

Morgan Stanley has chosen BNY Mellon and Coinbase Custody Trust Company as custodians for its proposed Morgan Stanley Bitcoin Trust ETF, according to an amended filing with the U.S. Securities and Exchange Commission (SEC). The updated filing provides new details on how the fund plans to securely store and manage its Bitcoin holdings. The filing shows that most of the Bitcoin will be held in cold storage, offline to minimize security risks, while a smaller portion will remain in hot wallets to support share creation and redemption. The fund is structured as a spot Bitcoin ETF, aiming to track

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