Morgan Stanley increased its exposure to Bitcoin, holding $300 million in grayscale stocks

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Investment funds from major U.S. investment banks Morgan Stanley (New York Stock Exchange:) Increased their risk exposure by buying shares of Grayscale Bitcoin Trust.

According to documents filed by the US Securities and Exchange Commission on Tuesday, the Morgan Stanley Insight Fund Increase Its shareholding in Grayscale Bitcoin Trust (GBTC) increased from 928,051 shares in the second quarter of 2021 to 1,520,549 shares on September 30.In addition, the company’s growth portfolio file exhibit It held 3,642,118 GBTC shares in the third quarter of 2021, an increase of 71% from the 2,130,153 shares in the second quarter.Morgan Stanley Global Opportunity Portfolio hold 1,463,714 GBTC, an increase of 59% from 919,805 shares in three months.