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Sign InMorgan Stanley Investment Management has updated its S-1 filing for the 'Morgan Stanley Bitcoin Trust' (MSBT), slated for listing on the NYSE Arca. The filing discloses a seed investment of approximately $1 million and sets the basket size at 10,000 shares, signaling advanced regulatory progress with the SEC. In tandem with these institutional moves, a recent report from VanEck highlights that Bitcoin's price volatility has decreased significantly over the past month. Despite this relative stability, market demand remains robust as traders continue to pay premiums in the market. This update arrives as Bitcoin tests the critical $70,000 support level, a key technical juncture for the digital asset. Analysts believe these developments further solidify Bitcoin's status as an institutional asset class, positioning Morgan Stanley as a leader in crypto adoption among major banks.