Overview

• The Global Investment Committee sets caps of 2% for balanced growth, 3% for market growth, and 4% for opportunistic growth, while advising 0% for capital preservation or income-focused portfolios.
• The guidance applies to roughly 16,000 Morgan Stanley advisors who oversee about $2 trillion in client assets.
• Bitcoin is described as a scarce, real-asset-like holding “akin to digital gold,” positioned as a potential store of value within diversified portfolios.
• The committee recommends implementing exposure through regulated exchange-traded products and rebalancing preferably quarterly or at least annually to keep risk in check.
• Separately, Morgan Stanley is preparing E*Trade crypto trading with Zerohash for an early 2026 launch, with details still in development, as coverage notes Bitcoin’s record near $125,000 and multi-year-low exchange balances.