Morgan Stanley Launches Bitcoin ETF Amid Strong Crypto Inflows for BTC and XRP
Morgan Stanley Launches Bitcoin ETF Amid Strong Crypto Inflows for BTC and XRP
In a significant move towards institutional adoption, Morgan Stanley has officially launched its Bitcoin ETF, the Morgan Stanley Bitcoin Trust (MSBT), making the top crypto asset available to its high-net-worth clients and signaling its sustained presence in the financial landscape. This development coincides with robust performance across digital asset products, as CoinShares reports total weekly inflows of $224 million. Notably, XRP led these gains with $119.6 million in inflows, marking its largest surge since December 2025, while Bitcoin (BTC) also saw substantial interest with $107.3 million in investments. Beyond these crypto-specific highlights, other financial news covered includes a former bank employee barred for alleged customer account theft, HSBC's bullish outlook on the S&P 500, and Morgan Stanley's signals for an end to market correction in equities.
A former bank employee is now barred from working in the industry after allegedly stealing thousands of dollars from customer accounts. In an Order of Prohibition, the Office of the Comptroller of the Currency (OCC) says Tabitha McCallister worked as a client service representative at the Old National Bank, Evansville, Indiana, branch between March 27th, […]
Morgan Stanley has officially launched its Bitcoin ETF in a bid to battle BlackRock’s institutional crypto dominance. The Morgan Stanley Bitcoin Trust (MSBT) is now available to the bank’s investment clients, who hold more than $9 trillion in assets. The bank’s global head of ETFs, Allyson Wallace, tells Bloomberg that the numbers show Bitcoin is […]
The British universal bank and financial services group HSBC says the US equities market has likely hit bottom. In a new interview on Squawk on the Street, the bank’s chief multi-asset strategist Max Kettner says that the S&P 500 closing low at 6,343 on Monday could be the near-term low. “[U]ntil very recently, we didn’t […]
Digital asset products saw minor inflows last week, according to a new update from Coinshares. Investors bought $224 million in crypto assets with XRP leading the gains. The token recorded $119.6 million in inflows, the largest since mid-December 2025 and bringing its year-to-date inflows to $159 million. Bitcoin (BTC) follows with $107.3 million in investments […]
London, UK, 8th April 2026, Chainwire
Morgan Stanley CIO and Chief U.S. Equity Strategist Mike Wilson believes that a bottom for U.S. equities will be confirmed when one key event occurs. In a new episode of the Thoughts on the Market podcast from Morgan Stanley, Wilson says that when investors further reduce their exposure to several popular investment positions it would […]
Belize City, Belize, 8th April 2026, Chainwire