{"id":12912,"date":"2024-04-25T10:09:46","date_gmt":"2024-04-25T07:09:46","guid":{"rendered":"https:\/\/forklog.com\/en\/morgan-stanley-considers-promoting-bitcoin-etfs-to-clients\/"},"modified":"2024-04-25T10:09:46","modified_gmt":"2024-04-25T07:09:46","slug":"morgan-stanley-considers-promoting-bitcoin-etfs-to-clients","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/morgan-stanley-considers-promoting-bitcoin-etfs-to-clients\/","title":{"rendered":"Morgan Stanley Considers Promoting Bitcoin ETFs to Clients"},"content":{"rendered":"<p>Morgan Stanley is contemplating allowing 15,000 of its brokers to recommend investments in spot bitcoin ETFs to clients, according to sources cited by <a href=\"https:\/\/www.advisorhub.com\/morgan-stanley-explores-letting-brokers-recommend-bitcoin-etfs-sources\/\">AdvisorHub<\/a>.<\/p>\n<p>Sources indicate that the institution is laying the groundwork for recommendation-based purchases, including risk tolerance requirements, allocation limits, and trading frequency restrictions.<\/p>\n<p>The timeline for policy changes remains unspecified.<\/p>\n<p>In February, <a href=\"https:\/\/forklog.com\/en\/news\/morgan-stanley-considers-offering-bitcoin-etfs-on-brokerage-platform\">ForkLog reported<\/a> that the bank had initiated a <a href=\"https:\/\/ru.wikipedia.org\/wiki\/Due_diligence\">due diligence<\/a> process regarding the addition of BTC-ETFs to its brokerage platform. This procedure was launched following the <a href=\"https:\/\/forklog.com\/en\/news\/sec-approves-all-11-spot-bitcoin-etf-applications\">approval of the instrument by the <span data-descr=\"U.S. Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span><\/a>.<\/p>\n<p>In March, it was revealed that clients of <a href=\"https:\/\/forklog.com\/en\/news\/defi-tvl-reaches-91-3-billion-ftx-to-sell-stake-in-anthropic-and-other-crypto-industry-developments\">Bank of America and Wells Fargo<\/a> were granted access to the product upon request.<\/p>\n<p>According to <a href=\"https:\/\/sosovalue.xyz\/assets\/etf\">SoSoValue<\/a>, as of April 24, net inflows into these instruments decreased by $120.6 million, totaling $12.29 billion. The <span data-descr=\"assets under management\" class=\"old_tooltip\">AUM<\/span> stood at $53.6 billion.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/1-1003.webp\" alt=\"1-1003\" class=\"wp-image-231396\"\/><figcaption class=\"wp-element-caption\">Data: SoSoValue.<\/figcaption><\/figure>\n<p>In March, <span data-descr=\"Chief Investment Officer\" class=\"old_tooltip\">CIO<\/span> of Bitwise, Matt Hougan, <a href=\"https:\/\/forklog.com\/en\/news\/bitwise-predicts-imminent-access-to-bitcoin-etfs-for-major-investment-platforms\">predicted<\/a> that a major investment platform would soon offer access to BTC-ETFs.<\/p>\n<p>Bloomberg analyst Eric Balchunas <a href=\"https:\/\/forklog.com\/en\/news\/analyst-identifies-key-drivers-for-bitcoin-etf-demand\">identified<\/a> the participation of other <span data-descr=\"traditional finance\" class=\"old_tooltip\">TradFi<\/span> players in this trend as one of two &#8220;powerful catalysts&#8221; for demand by year-end.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Morgan Stanley is contemplating allowing 15,000 of its brokers to recommend investments in spot bitcoin ETFs to clients, according to sources cited by AdvisorHub. Sources indicate that the institution is laying the groundwork for recommendation-based purchases, including risk tolerance requirements, allocation limits, and trading frequency restrictions. The timeline for policy changes remains unspecified. In February, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12911,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,569,873],"class_list":["post-12912","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-etf","tag-morgan-stanley"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/12912","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=12912"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/12912\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/12911"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=12912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=12912"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=12912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}