The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Sign in to access this content
Sign InMorgan Stanley has launched its MSBT fund, marking the first entry by a major US bank into the spot Bitcoin ETF space with a competitive 0.14% fee. The sector saw exceptional momentum in April, with Bitcoin ETFs attracting billions of dollars in inflows, driven by strong and uninterrupted institutional buying during the first half of the month. Alongside this growth, a bank executive hinted at a potential strategic shift where major banks could hold Bitcoin directly as a treasury asset on their balance sheets. Globally, Japan Exchange Group is also preparing to launch crypto ETFs within three years, necessitating significant legal changes. These developments signal a broader shift toward the institutionalization of digital assets within formal regulatory channels. Ultimately, the success of these initiatives depends on the continued evolution of legal structures to accommodate direct crypto holdings.