Morgan Stanley’s Q2 earnings report shows that it significantly increased its holdings in Blackrock’s and Grayscale’s Bitcoin and Ethereum ETFs, while reducing its positions in mining companies such as Coinbase and completely liquidating its stake in Bitfarms, highlighting institutions’ preference for regulated ETF channels.
According to Woofun AI, Morgan Stanley (MS.US)’s Q2 13F filing revealed a significant shift in its crypto asset allocation strategy: while increasing its holdings of Bitcoin and Ethereum spot ETFs, it systematically reduced its positions in cryptocurrency-related stocks such as Coinbase (COIN.US).
This structural shift signals that large, traditional financial institutions are transitioning their management of…
