"Major Banks Expanding Bitcoin ETF Offerings Amid Surging Demand"

Morgan Stanley is reportedly conducting due diligence on spot Bitcoin ETFs, potentially becoming the first major RIA network and broker-dealer platform to list them, as demand for Bitcoin shows no signs of slowing. With Bitcoin nearing its all-time high, the 10 currently traded U.S. spot Bitcoin ETFs set a new record for daily trading volumes, with BlackRock's iShares Bitcoin Trust (IBIT) ETF seeing the largest daily inflow so far. Large broker-dealers are under pressure to add these ETFs due to accelerating inflows, and it's expected that most platforms will eventually approve them, although larger platforms may take longer due to longer due diligence processes. If listed, the educational impact on Bitcoin's trajectory could be significant, allowing advisors to discuss Bitcoin as part of portfolios on a massive scale.