Morgan Stanley Posts Three-Day Bitcoin Buy Streak

Morgan Stanley has reportedly bought Bitcoin for three consecutive days, reinforcing its expanding institutional exposure to the asset despite choppy market conditions. Arkham Intelligence data suggests the bank now holds about $400 million worth of Bitcoin, highlighting continued conviction in BTC even as the price hovers around $64,000 and trades with mixed short-term momentum. The article frames the purchases as a sign of growing Wall Street participation in crypto, especially after Morgan Stanley launched a Bitcoin ETF in April and recently introduced low-cost Ethereum and Solana ETFs. Market impact is broadly supportive for Bitcoin, as sustained accumulation by a major bank can be read as a bullish institutional signal and may help bolster sentiment across the crypto market.