Morgan Stanley's Global Investment Committee (GIC) has announced its support for financial advisors and clients in incorporating cryptocurrencies into multi-asset portfolios. According to Bitwise CEO Hunter Horsley, the GIC's new report aims to provide flexibility in crypto allocation, marking a significant step towards mainstream adoption. The GIC guides 16,000 advisors managing $2 trillion in client assets, highlighting the growing institutional interest in digital currencies.
Morgan Stanley GIC Backs Crypto Allocation for Advisors and Clients
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