Wu Shuo learned that Strategy CEO Phong Le posted that Morgan Stanley's proposed spot bitcoin ETF (MSBT) is a "massive bitcoin bet." He pointed out that Morgan Stanley's wealth management assets under management reach $8 trillion. If configured according to the recommended modest allocation of 2%, it would bring $160 billion in capital inflows to the market, approximately three times the scale of BlackRock's IBIT.
Wu Shuo learned that Strategy CEO Phong Le posted that Morgan Stanley's proposed spot bitcoin ETF (MSBT) is a "massive bitcoin bet." He pointed out that Morgan Stanley's wealth management assets under management reach $8 trillion. If configured according to the recommended modest allocation of 2%, it would bring $160 billion in capital inflows to the market, approximately three times the scale of BlackRock's IBIT.