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.
Morgan Stanley Wealth Management partnered with Galaxy Digital to allow eligible clients to lend digital assets in exchange for crypto ETP shares. This initiative aims to facilitate in-kind conversions of digital assets into spot Bitcoin ETFs. Additionally, the bank has started offering loans against spot Bitcoin ETF holdings with a 50% loan-to-value (LTV) ratio.