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Morgan Stanley Advisors to Market Bitcoin ETFs to Wealthy Clients

The financial giant's advisors can now recommend BlackRock and Fidelity's bitcoin ETFs to select investors with high risk tolerance.

  • Only clients with a net worth of at least $1.5 million and an aggressive risk profile qualify.
  • This marks the first time a major Wall Street bank actively pitches bitcoin ETFs.
  • The decision follows January's approval of spot bitcoin ETFs in the U.S.
  • Morgan Stanley manages nearly $5.7 trillion in client assets.
  • The move could increase adoption of digital assets in traditional finance.
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