Tomorrow

Bitcoin ETF Blitz: 15,000 Morgan Stanley Advisors Start Tomorrow

Morgan Stanley’s 15,000 financial advisors will begin offering access to three Bitcoin ETFs starting tomorrow, a major move that could bring the cryptocurrency to a wider range of investors. The move comes as Bitcoin has been gaining traction as a potential investment asset, with large institutions such as Tesla and Microstrategy adding it to their balance sheets and several countries considering regulating it. The three ETFs that Morgan Stanley will offer are the ProShares Bitcoin Strategy ETF (BITO), the Valkyrie Bitcoin Strategy ETF (BTF), and the VanEck Bitcoin Strategy ETF (XBTF). All three ETFs track the spot price of Bitcoin and are listed on the New York Stock Exchange.