Strategy CEO: If Morgan Stanley allocates 2% to Bitcoin, it will bring in approximately $160 billion in funds.

PA一线
PA一线

PANews reported on March 21 that, regarding Morgan Stanley's second revised S-1 filing for a spot Bitcoin ETF, Strategy CEO Phong Le stated that Morgan Stanley Wealth Management manages approximately $8 trillion in assets, with a Bitcoin allocation of approximately 0-4%. Even a 2% allocation would equate to $160 billion, roughly three times the size of IBIT.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Telegram Discussion Group
Telegram News Channel
@PANews
Recommended Reading
PA一线

PA一线

Analysis: Bitcoin demand is weak; short-term rebounds rely on ETF support.
PA一线

PA一线

Bitcoin spot ETFs saw a total net inflow of $8.9926 million yesterday, with Fidelity FBTC leading the way with a net inflow of $7.2935 million.
PA一线

PA一线

Bitcoin spot ETFs saw a total net outflow of $174 million yesterday, with BlackRock's IBIT experiencing the largest net outflow at $86.5222 million.
PA一线

PA一线

BlackRock has filed a revised S-1 document for its iShares Bitcoin Premium Income ETF.
PA一线

PA一线

Morgan Stanley Bitcoin ETF submits another S-1 amendment; analysts expect it to launch next week.
PA一线

PA一线

Analysis: Bitcoin recorded its worst first quarter performance since 2018, falling 24%.

Popular Articles

Industry News
Market Trends
Curated Readings
Subscribe
PANews App
24/7 blockchain news tracking and in-depth analysis.
Download PANews App
App StoreGoogle Play
PANews APP
Trump issues 48-hour ultimatum; Iranian military says it will firmly defend its rights.
PANews Newsflash