Morgan Stanley executive: Bitcoin is still in the early stages

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CryptoWorld News reports that Morgan Stanley’s Head of Digital Assets, Amy Oldenburg, stated that client education about Bitcoin, rather than product design, is the main challenge currently faced. Morgan Stanley’s Bitcoin exchange-traded product (MSBT) has entered a still-early market. She pointed out that many investors still associate Bitcoin with its early bad reputation, making it difficult to make investment decisions beyond that framework. MSBT attracted over $100 million in capital inflows during its first week of trading, indicating strong early signals. Nevertheless, Oldenburg emphasized that all initial capital inflows came from self-directed accounts and have not yet been offered on advisory platforms. To bridge this gap, Morgan Stanley is conducting internal training so that financial advisors can confidently discuss Bitcoin with clients. She also mentioned that Morgan Stanley is partnering with Coinbase and BNY Mellon as custodians for MSBT.

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