Morgan Stanley has withdrawn approximately 1,100 BTC from a Coinbase Prime custody address through its spot Bitcoin ETF MSBT, spending over $96 million in the transaction. This acquisition marks a significant milestone for the financial institution's crypto exposure.
Total Bitcoin holdings now stand at 9,218 BTC worth more than $775 million, surpassing the 9,000 BTC threshold for the first time according to Arkham monitoring data. The withdrawal signals continued institutional accumulation via regulated ETF products and prime brokerage infrastructure.
Morgan Stanley Bitcoin Holdings Surpass 9,000 BTC After $96M Coinbase Withdrawal
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