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It seems Morgan Stanley is officially entering the Bitcoin ETF market. There are reports that they will invest $1 million as seed capital with the ticker MSBT. Lately, it looks like major financial institutions are increasingly focusing on the ETF coin market.
It appears to be a sign that Bitcoin ETFs are becoming more mainstream in the financial sector. The fact that global investment banks like Morgan Stanley are taking action means that more ETF coin products accessible to ordinary investors could be on the way. Although the seed capital is small, this could be the beginning.
The ETF coin market is really changing. It seems like this will also motivate other financial firms, and there will likely be more options available in the future.