As reported by The Information, E-Trade, the online trading arm of Morgan Stanley—an asset management titan handling $ 1.2 trillion—is contemplating a leap into cryptocurrency services. The buzz surrounding more lenient crypto regulations during the Trump administration may have sparked E-Trade’s interest in this potential venture. Morgan Stanley’s E-Trade Reportedly Poised to Dive Into …
Billionaire investor Stanley Druckenmiller recently explained that markets predict Donald Trump’s victory in the upcoming presidential election. In an interview with Bloomberg, Druckenmiller declared that while he remained unconvinced about this, market indicators pointed to Trump clinching the U.S. presidency. Stanley Druckenmiller: Markets Are Anticipating Trump’s Victory Legendary investor Stanley Druckenmiller has shared his insights […]
The U.S. Securities and Exchange Commission’s former head of internet enforcement, John Reed Stark, has raised concerns about Morgan Stanley’s 15,000 financial advisors promoting cryptocurrency investments, citing risks to retail investors and potential career consequences for advisors. He warned that the advisors could risk their Certified Financial Planner credentials if they fail to adhere to […]
According to 13F filings with the U.S. Securities and Exchange Commission (SEC), Millennium Management, a highly successful hedge fund, holds nearly $ 2 billion in spot bitcoin exchange-traded fund (ETF) shares. This week, it was further revealed that Morgan Stanley, a giant multinational investment and financial services firm, also has exposure to spot bitcoin …
Morgan Stanley, a leading global investment bank, is reportedly considering expanding access to bitcoin spot exchange-traded funds (ETFs). The firm may soon authorize its approximately 15,000 brokers to actively solicit customer purchases. Morgan Stanley to Widen Access to Spot Bitcoin ETFs Global investment bank Morgan Stanley is contemplating broadening access to spot bitcoin exchange-traded funds […]