Strategy CEO: If Morgan Stanley allocates 2% to Bitcoin, it will bring in approximately $160 billion in funds.

PANews reported on March 21 that, regarding Morgan Stanley's second revised S-1 filing for a spot Bitcoin ETF, Strategy CEO Phong Le stated that Morgan Stanley Wealth Management manages approximately $8 trillion in assets, with a Bitcoin allocation of approximately 0-4%. Even a 2% allocation would equate to $160 billion, roughly three times the size of IBIT.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
PANews APP
US stocks closed mixed, with COIN falling more than 3.05%.
PANews Newsflash