Deniz 
Reporting Wednesday its Form 13F filing with the U.S. Securities and Exchange Commission (SEC), Morgan Stanley, the multinational investment bank and financial services firm, indicated a notable holding in BlackRock’s spot Bitcoin exchange-traded fund.
Morgan Stanley revealed as of June 30 that it had more than 5.5 million shares, or $187.79 million, of the iShares Bitcoin Trust (ticker: IBIT). That would rank the investment bank as an ETF top-five shareholder.
Down somewhat from the $2.3 million allocation it revealed at the end of the first quarter, the bank also revealed ownership of 26,222 shares of the ARK 21Shares Bitcoin ETF (ticker: ARKB).
Notably, Morgan Stanley’s most recent report revealed a stake in the Grayscale Bitcoin Trust (ticker: GBTC) around $148,000, a near-total sell down from the $269.9 million investment it revealed in the prior quarter.
Institutional investment managers with at least $100 million in equity assets under management file 13F filings, quarterly reports to the SEC. Though they do not reveal any short positions, the filings give a picture of the manager’s stock holdings at the conclusion of every quarter.
With $20 billion in assets under management, IBIT ranks first among spot Bitcoin ETFs based on market cap. Fellow financial behemoth Goldman Sachs disclosed on Tuesday that it owned 6.9 million shares of the fund, valued at $238.6 million.
At the conclusion of the second quarter, Morgan Stanley owned roughly $190 million worth of spot Bitcoin ETFs overall.
You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.