Morgan Stanley is the first major Wall Street bank to let its financial advisors offer Bitcoin ETFs to clients. Starting August 7, 2024, advisors will be able to recommend these investments to eligible clients, according to CNBC.
30X Profit Expected from AIG Token: AI Games has launched its native token (AIG). 1 AIG Token Price Is $0.01 Exchange Lsiting Price $0.27 To $0.30, Don’t miss this opportunity; join the pre-sale at the official website [ PlayAiGames.Online ]
Morgan Stanley has about 1,500 advisors who can now recommend shares of BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund to clients. This move comes after the SEC approved 11 spot Bitcoin ETFs in January.
Morgan Stanley Expands Bitcoin ETF Offerings to Wealthy Clients
Morgan Stanley is now offering Bitcoin ETFs to clients who meet specific criteria. Only those with a net worth of at least $1.5 million, an aggressive risk tolerance, and an interest in speculative investments qualify for Bitcoin ETF solicitation.
These investments are designated for taxable brokerage accounts rather than retirement accounts. This move signifies a significant step towards broader retail Bitcoin adoption, as more investors are now able to gain exposure to cryptocurrency.
30X Profit Expected from AIG Token: AI Games has launched its native token (AIG). 1 AIG Token Price Is $0.01 Exchange Lsiting Price $0.27 To $0.30, Don’t miss this opportunity; join the pre-sale at the official website [ PlayAiGames.Online ]
By making Bitcoin more accessible to an affluent audience, Morgan Stanley is likely to boost demand for the digital asset, highlighting its growing acceptance in mainstream finance.
Investor Sees Bitcoin Surge After Morgan Stanley Move
Investor Gary Cardone shared an optimistic outlook on X (formerly Twitter) regarding Morgan Stanley’s decision to offer Bitcoin ETFs. He stated, “15,000 of the best compensated sales people in the world who will harvest the richest families and institutions in the world and put them into Bitcoin. I predict $3 trillion market cap inbound to Bitcoin in under 18 months!”
30X Profit Expected from AIG Token: AI Games has launched its native token (AIG). 1 AIG Token Price Is $0.01 Exchange Lsiting Price $0.27 To $0.30, Don’t miss this opportunity; join the pre-sale at the official website [ PlayAiGames.Online ]
A spot crypto ETF is designed to track the price of a specific cryptocurrency, with the fund’s portfolio investing directly in that crypto. These funds are traded on public exchanges and typically follow the value of a particular cryptocurrency closely.
Similar to other funds, crypto ETFs are available on regular stock exchanges, allowing investors to include them in their standard brokerage accounts. Bitcoin ETFs, in particular, offer a way for investors to gain exposure to Bitcoin without the need to directly hold the cryptocurrency
30X Profit Expected from AIG Token: AI Games has launched its native token (AIG). 1 AIG Token Price Is $0.01 Exchange Lsiting Price $0.27 To $0.30, Don’t miss this opportunity; join the pre-sale at the official website [ PlayAiGames.Online ]
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#jpmorganbank #jpmorganbank #July_NonFarmPayrolls_Shock #US_Job_Market_Slowdown $BTC $ETH $BNB
