Morgan Stanley empowers advisors with Bitcoin ETF pitches for crypto enthusiasts.
Morgan Stanley Breaks Ground with bitcoin ETF Offerings Amidst the ever-evolving landscape of digital assets, Morgan Stanley has decided to take a bold step by allowing its financial advisors to offer spot bitcoin exchange-traded funds (ETFs) to eligible clients This move is a significant milestone for major Wall Street banks, as it marks the first of its kind within this traditional financial sector HNWI Clients with High-Risk Tolerance While Morgan Stanley is leading the charge in offering bitcoin ETFs, other major Wall Street banks like Goldman Sachs, JPMorgan, Bank of America, and Wells Fargo have yet to follow suit These firms continue to prohibit their advisors from pitching bitcoin ETF products, only permitting trades upon specific client request This cautious approach aligns with a broader sentiment prevalent among top financial institutions, emphasizing a measured approach to engaging with digital assets...
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