Morgan Stanley's stock surged 4.8% to reach a record high, elevating its market capitalization to $366 billion. This growth coincides with the expansion of its spot bitcoin exchange-traded fund (ETF), MSBT, which now holds 5,761 BTC valued at over $300 million, according to Arkham monitoring. The increase in bitcoin holdings reflects Morgan Stanley's strategic positioning in the cryptocurrency market.
Morgan Stanley Hits Record High as Bitcoin ETF Holdings Grow
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