Morgan Stanley Updates Bitcoin ETF Filing, Appoints BNY and Coinbase

Accelerating Market Entry in Collaboration with BNY

Morgan Stanley, a major US financial institution, has submitted an amended S-1 registration statement to the Securities and Exchange Commission (SEC) for its pending physical Bitcoin ETF, the 'Morgan Stanley Bitcoin Trust'.

According to the documents filed, the company has engaged Coinbase Custody as the cryptocurrency custodian. Concurrently, traditional banking giant BNY (Bank of New York Mellon) has been appointed as the revenue manager and cash...