Auto Added by WPeMatico
One of the largest U.S. investment banks, Morgan Stanley, will be offering its wealth management clients access to bitcoin funds. Goldman Sachs, JPMorgan Chase, and Bank of America’s wealth management divisions do not currently allow their advisors to offer direct investment in bitcoin funds. Morgan Stanley to Offer Wealth Clients Access to Bitcoin Funds Investment […]Powered by WPeMatico
Global investment bank Morgan Stanley has increased its bitcoin exposure manyfold by investing in Microstrategy, the Nasdaq-listed company which currently holds about 70,470 bitcoins. Morgan Stanley now has a 10.9% stake in Microstrategy. ‘Even Banks Want Bitcoin’ Global financial services firm Morgan Stanley has significantly increased its exposure to bitcoin, the company’s filing with the […]Powered by WPeMatico
Morgan Stanley Investment Management’s chief strategist and head of emerging markets has recommended bitcoin as an alternative investment to stocks amid central banks’ massive money printing policies. He says that alternative assets, like gold and cryptocurrency, could keep doing well while stocks struggle. Morgan Stanley’s Strategist Discusses Stocks, Gold, and Bitcoin Head of Emerging Markets […]
The post Morgan Stanley Strategist Recommends Bitcoin as Central Banks Ramp Up Money Printing appeared first on Bitcoin News.
Powered by WPeMatico