{"id":53511,"date":"2021-11-25T09:49:52","date_gmt":"2021-11-25T07:49:52","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=53511"},"modified":"2025-09-03T15:26:55","modified_gmt":"2025-09-03T12:26:55","slug":"morgan-stanley-boosts-holdings-in-grayscale-bitcoin-trust","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/morgan-stanley-boosts-holdings-in-grayscale-bitcoin-trust\/","title":{"rendered":"Morgan Stanley boosts holdings in Grayscale Bitcoin Trust"},"content":{"rendered":"<p>One of the largest US banks, Morgan Stanley, during July\u2013September continued to build its position in the Grayscale Bitcoin Trust (GBTC) through various funds available to its clients.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">In new SEC filings, Morgan Stanley has disclosed a dramatic increase in Bitcoin exposure in its asset management business.<\/p>\n<p>Earlier this year, Morgan reported buying Grayscale BTC in a large number of investment funds. For the three funds with the largest Grayscale holdings\u2026<\/p>\n<p>\u2014 MacroScope (@MacroScope17) <a href=\"https:\/\/twitter.com\/MacroScope17\/status\/1463486925290061826?ref_src=twsrc%5Etfw\">November 24, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The largest holdings were in the Morgan Stanley Growth Portfolio, which bought 1,511,965 GBTC shares, bringing total to 3,642,118 GBTC shares. Their value amounted to $192,829,700, equivalent to 0.52% of assets under management.<\/p>\n<p>Two other funds \u2014 Morgan Stanley Insight Fund and Morgan Stanley Global Opportunity Portfolio \u2014 increased their GBTC holdings from 928,051 to 1,520,549 shares and from 919,805 to 1,463,714 shares, respectively.<\/p>\n<p>In October, the investment bank barred wealth-management staff from offering clients the ProShares <a href=\"https:\/\/forklog.com\/en\/news\/trading-starts-for-proshares-first-us-bitcoin-futures-etf\">futures Bitcoin ETF<\/a>. Prior to that, CEO James Gorman<a href=\"https:\/\/forklog.com\/en\/news\/morgan-stanley-chief-says-clients-show-limited-interest-in-bitcoin\"> said<\/a> that client interest in Bitcoin was tepid.<\/p>\n<p>Earlier, Morgan Stanley <a href=\"https:\/\/forklog.com\/en\/news\/morgan-stanley-to-establish-cryptocurrency-research-unit\">began assembling a team<\/a> that will focus on studying the impact of cryptocurrencies on equities and fixed\u2011income instruments.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the largest US banks, Morgan Stanley, during July\u2013September continued to build its position in the Grayscale Bitcoin Trust (GBTC) through various funds available to its clients.<\/p>\n","protected":false},"author":1,"featured_media":53512,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1214,943,873],"class_list":["post-53511","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-grayscale-bitcoin-trust","tag-grayscale-investments","tag-morgan-stanley"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/53511","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=53511"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/53511\/revisions"}],"predecessor-version":[{"id":53513,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/53511\/revisions\/53513"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/53512"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=53511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=53511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=53511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}