Morgan Stanley gets set to offer access to bitcoin funds to clients | Editorji
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Morgan Stanley gets set to offer access to bitcoin funds to clients

Mar 18, 2021 06:57 IST | By Editorji News Desk

What could be a big first for cryptocurrency backers, reports indicate Morgan Stanley is set to be the first US bank to offer its wealth management clients access to Bitcoin funds.

Sources told CNBC that the investment bank informed it's financial advisors in an internal memo that it is launching access to three funds that would enable ownership of Bitcoin.

Morgan Stanley with $4 trillion in client assets is likely to only allow its wealthier clients access to the volatile asset.

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