April 16, 2024

Morgan Stanley to Allow Clients to Invest in Bitcoin Funds

Morgan Stanley to Allow Clients to Invest in Bitcoin Funds

Morgan Stanley Bank will offer wealthy clients the opportunity to invest part of their portfolio in bitcoin funds.

Morgan Stanley prepares to launch threeown funds that will provide rich clients with access to bitcoin. Morgan will be the first major bank to offer the opportunity to invest in crypto funds.

The initiative will allow customers who store inbank of at least $ 2 million, invest part of the portfolio in the crypt as early as next month. At the same time, Morgan will limit the maximum investment amount to 2.5% of the total portfolio value.

Three funds cooperate with the bank – two fromGalaxy Digital and another joint project between FS Investments and NYDIG. The two funds have minimum investment requirements of $25,000. The third fund has a minimum entry threshold of $5 million.

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