08.02.24

Morgan Stanley Tells Wealth Advisors They Can Pitch Bitcoin ETFs

by: Hugh Son

Morgan Stanley told its financial advisors that it will soon allow them to offer bitcoin exchange-traded funds (ETFs) to some clients, a first among major Wall Street banks. The move is the latest sign of the adoption of bitcoin by mainstream finance after the U.S. Securities and Exchange Commission approved applications for 11 spot bitcoin ETFs in January.

Read the full article on CNBC