Morgan Stanley Adds About 735 Bitcoin, Moves 24,452 SOL to Coinbase

Morgan Stanley added about 735 Bitcoin (BTC) through its spot Bitcoin ETF this week as crypto markets fell, bringing its holdings to 11,625 BTC worth about $784 million.

The purchases totaled about $52.87 million and ran through MSBT, the firm’s spot Bitcoin ETF. The current balance extends the position beyond its earlier 10,000 BTC milestone through MSBT.

Separately, 24,452 Solana (SOL) moved from Morgan Stanley’s spot Solana ETF, MSOL, to a Coinbase address Friday night ET (Saturday morning in Asia). The SOL movement involved a separate fund from the Bitcoin purchases.

Enna Lee

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to [email protected].