According to the latest media reports, US multinational investment bank Morgan Stanleypotentially 15,000 brokers Bitcoin may allow customer purchase requests for exchange-traded funds. However, until now the bank had only made these funds available unclaimed.
In fact, this means that consultants Bitcoin ETFIt means that it does not clearly recommend investing in .
According to the report, the policy change could significantly increase the demand for Bitcoin ETFs, one of the popular products on the agenda. One bank executive says the bank is cautious about allowing its thousands of brokers to buy clients for ETFs, so they have created some restrictions. These restrictions will include measures such as allocation limits and will also take into account brokers’ risk tolerance. Morgan Stanley wants clients to invest in these products “in a controlled manner.”
There remains silence among other major players on the potential to launch on-demand acquisitions. However, there are some worrying signs that demand for Bitcoin ETFs may be waning. Bitcoin ETFs recorded outflows of $120 million on Wednesday, U.Today reported.
Bitcoin price It is currently down below the $64,000 level.
