Morgan Stanley, which manages over $12 trillion in assets, has activated the physical creation and redemption mechanism for its #البيتكوين investment fund.



This mechanism allows authorized participants to create and redeem fund shares using actual Bitcoin instead of cash, improving efficiency and reducing costs.

This is another important step toward deepening institutional adoption of Bitcoin.

Will more Wall Street giants follow this approach by expanding Bitcoin investment fund infrastructure?
$BTC
BTC2.61%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned