{"id":55374,"date":"2021-12-29T10:00:05","date_gmt":"2021-12-29T08:00:05","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=55374"},"modified":"2025-09-04T01:02:23","modified_gmt":"2025-09-03T22:02:23","slug":"morgan-stanley-raises-stake-in-grayscale-bitcoin-trust","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/morgan-stanley-raises-stake-in-grayscale-bitcoin-trust\/","title":{"rendered":"Morgan Stanley raises stake in Grayscale Bitcoin Trust"},"content":{"rendered":"<p>One of the leading US investment banks, Morgan Stanley, during the third quarter increased the share of <span data-descr=\\\"Grayscale Bitcoin Trust\\\" class=\\\"old_tooltip\\\">GBTC<\/span> in the Morgan Stanley Europe Opportunity Fund to 1% of its assets under management.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">BTC institutional watch:<\/p>\n<p>In an SEC filing today, Morgan Stanley Europe Opportunity Fund reported owning 83,803 shares of Grayscale BTC as of October 31.<\/p>\n<p>Previously, the fund reported 58,116 shares as of July 31, and 28,289 shares as of April 30.<\/p>\n<p>As I\u2019ve tweeted, other\u2026<\/p>\n<p>\u2014 MacroScope (@MacroScope17) <a href=\\\"https:\/\/twitter.com\/MacroScope17\/status\/1475931126418006020?ref_src=twsrc%5Etfw\\\">December 28, 2021<\/a><\/p>\n<\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>According to <a href=\\\"https:\/\/www.sec.gov\/edgar\/search\/#\/q=bitcoin&#038;dateRange=custom&#038;entityName=Morgan%2520Stanley%2520&#038;startdt=2021-12-19&#038;enddt=2021-12-28\\\">\u0434\u0430\u043d\u043d\u044b\u043c<\/a> on the SEC site, as of October 31 the fund held 83,803 GBTC shares worth $5.14 million. By the end of the second and third quarters the balance sheet showed 28,289 and 58,116 shares of the bitcoin trust, respectively.<\/p>\n<p>In November ForkLog <a href=\"https:\/\/forklog.com\/en\/news\/morgan-stanley-boosts-holdings-in-grayscale-bitcoin-trust\">reported<\/a> similar rebalancings of Morgan Stanley Growth Portfolio, Morgan Stanley Insight Fund and Morgan Stanley Global Opportunity Portfolio.<\/p>\n<p>The market expects the trend to continue into 2022.<\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-conversation=\\\"none\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">Morgan Stanley funds have reported buying millions of Grayscale BTC shares this year. I expect many similar filings by Morgan in early 2022.<\/p>\n<p>Filing today:<a href=\\\"https:\/\/t.co\/ixbHyMP7ku\\\">https:\/\/t.co\/ixbHyMP7ku<\/a><\/p>\n<p>\u2014 MacroScope (@MacroScope17) <a href=\\\"https:\/\/twitter.com\/MacroScope17\/status\/1475931128062263297?ref_src=twsrc%5Etfw\\\">December 28, 2021<\/a><\/p>\n<\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>In October, the investment bank barred wealth-management staff from offering clients the launched ProShares <a href=\"https:\/\/forklog.com\/en\/news\/trading-starts-for-proshares-first-us-bitcoin-futures-etf\">futures-based 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\">stated<\/a> that client interest in bitcoin was not high.<\/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-income instruments.<\/p>\n<p>Read ForkLog&#8217;s bitcoin news in our <a href=\\\"\/\/telegram.me\/forklog\\\" target=\\\"\u201c_blank\u201d\\\" rel=\\\"\u201cnofollow\u201d noopener\\\">Telegram<\/a> \u2014 cryptocurrency news, rates and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the leading US investment banks, Morgan Stanley, increased the GBTC stake in the Morgan Stanley Europe Opportunity Fund to 1% of its assets under management in the third quarter.<\/p>\n","protected":false},"author":1,"featured_media":55375,"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":[18,1214,873],"class_list":["post-55374","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-grayscale-bitcoin-trust","tag-morgan-stanley"],"aioseo_notices":[],"amp_enabled":true,"views":"6","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/55374","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=55374"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/55374\/revisions"}],"predecessor-version":[{"id":55376,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/55374\/revisions\/55376"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/55375"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=55374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=55374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=55374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}