PANews reported on May 4 that Amy Oldenburg, head of digital asset strategy at Morgan Stanley, stated at the Las Vegas Bitcoin conference that although Bitcoin is expected to be included in the balance sheets of US banks in the future, it still faces multiple obstacles, including guidance from the Federal Reserve, Basel Accord rules, and global regulation.

Morgan Stanley's first bank-issued Bitcoin ETP (MSBT) attracted over $100 million in funding within six days of its launch, although it is not yet available through financial advisors. While the bank recommends a 2-4% Bitcoin allocation, advisor adoption remains low, indicating that education and wider adoption still need to be strengthened.