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Morgan Stanley's Bitcoin Holdings Surpass 9,000 BTC Following Coinbase Prime Transfers

Morgan Stanley's total Bitcoin holdings have surpassed 9,000 BTC for the first time, reaching 9,218 BTC valued at over $775 million. The milestone followed the transfer of more than 1,100 BTC worth over $96 million from a Coinbase Prime institutional custody address on September 25 tied to its MSBT Bitcoin ETF. This development built on prior activity ending September 24, when addresses labeled as the MSBT Bitcoin ETF withdrew 1,146.118 BTC valued at about $96.4 million from Coinbase Prime across two transactions.

Category

Bitcoin

Sentiment

Bullish

Event

Analyst flows

Reading time

1 min