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$1 Billion Milestone in View: Morgan Stanley's Bitcoin Stash Piles Up

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Morgan Stanley’s Bitcoin ETF reached a wallet estimate of $903.86 million on Oct. 5, putting it near the $1 billion mark. The trust was reported at $299 million in Bitcoin on June 30, and the newer estimate has not appeared in a regulatory filing. The product was described as less than five months old and among the fastest-growing Bitcoin ETFs in the U.S. market.

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Key claims & sources

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Morgan Stanley Trust was reported to hold $299 million in Bitcoin on June 30.
Morgan Stanley Trust Held $299 Million in Bitcoin on June 30
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By Oct. 5, a wallet estimate valued the trust’s Bitcoin balance at $903.86 million, about $96 million short of $1 billion.
Morgan Stanley Trust Held $299 Million in Bitcoin on June 30
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The ETF known as MSBT was described as less than five months after launch and holding 10,519 BTC valued at about $903.86 million.
Morgan Stanley Bitcoin ETF Nears $1 Billion Milestone With Growing Stash

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Coverage timeline

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first
Oct 5 14:25
+1 h 51 m
Oct 5 16:16
Crypto Economy adds
Adds $903.9M and $100M, with quotes