Recent 13F SEC filings unveil major US financial institutions investing heavily in Bitcoin via spot ETFs. Morgan Stanley purchased $269.9 million in GBTC, joining other banks like JPMorgan and Royal Bank of Canada.
Despite some firms opposing Bitcoin, a broader embrace is evident with institutions like Morgan Stanley recognizing Bitcoin's value and releasing Q1 disclosures revealing growing conviction in Bitcoin's role.
#bitcoin-etfs #institutional-investments #financial-institutions #bitcoin-adoption #legacy-finance-institutions
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