"Morgan Stanley Explores Spot Bitcoin ETFs for Brokerage Platform"
Morgan Stanley is considering offering spot bitcoin ETFs to clients on its brokerage platform, as the arrival of broker-dealers and large registered investment advisor networks could attract more investment into these products. The bank has been evaluating the possibility since the SEC approved the introduction of spot bitcoin ETFs in the U.S. earlier this year. While billions have already been invested in these products, the potential for a flood of investment may depend on offerings by big registered investment advisor networks and broker-dealer platforms. Morgan Stanley, which previously offered wealthy clients access to bitcoin funds, declined to comment on its specific plans regarding which spot bitcoin ETFs it may offer.