Why Morgan Stanley is gaining exposure to Bitcoin (BTC)?

In yet another bullish announcement for Bitcoin this week, banking giant Morgan Stanley has filed a document with the Securities and Exchange Commission to gain exposure to BTC.

In fact, during the entire month of March, the GBTC premium turned negative and reached a low of approximately -10%, as research firm Skew registers.

A few weeks ago, Morgan Staley revealed that it would give exposure to Bitcoin to its wealthiest clients via 3 funds created in cooperation with Galaxy Digital and FS Investments, and NYDIG.

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