Digital Coin News

Morgan Stanley and UBS Compete to Add Bitcoin ETFs to Their Platforms

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 9 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

Finance News

Both Morgan Stanley and UBS are set to add Bitcoin ETFs to their platform next week, with Morgan Stanley aiming to be the first wirehouse to fully approve the Bitcoin ETF.

According to crypto insider Andrew AP Abacus, both Morgan Stanley and UBS are set to add Bitcoin ETFs to their platform next week. The competition between the two investment banks to be the first wirehouse to offer Bitcoin ETFs is heating up. Morgan Stanley is aiming to beat UBS in becoming the first wirehouse to fully approve the Bitcoin ETF. Internal notes from Morgan Stanley suggest that they may announce their move into Bitcoin ETFs a few days before.

Bloomberg ETF expert Eric Balchunas confirms that neither Morgan Stanley nor UBS have added Bitcoin ETFs yet, but they are waiting for one of them to make the first move

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin delays pullback amid speculation that Morgan Stanley will approve BTC ETFs on its platformBitcoin (BTC) price continues to ride on the ETF theme ahead of the halving.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Bitcoin & Bitcoin Cash Among Top Crypto Gainers as Crypto Prices Pump: What About Green Bitcoin?Crypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »