Wu Xie learned that, according to Arkham monitoring data, Morgan Stanley’s spot Bitcoin exchange-traded fund MSBT has transferred 71.664 BTC to Coinbase, suspected to be sold, worth $5.09 million. As of now, its total Bitcoin holdings have fallen to 3,472 BTC, valued at approximately $240 million. It is reported that this is the second time Morgan Stanley has transferred Bitcoin to Coinbase after launching MSBT; one month ago, it transferred 500 BTC to Coinbase.

BTC-6.73%
COIN-0.68%
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