
The Breakdown Morgan Stanley Is First Big Bank Offering Bitcoin to Wealthy Clients
Mar 17, 2021
12:06
Today on the Brief:
- What markets want from the Federal Reserve’s FOMC meeting
- eToro’s $10B SPAC
- The latest on Coinbase’s IPO
Our main discussion: Morgan Stanley set to become the first big bank to offer wealthy clients access to bitcoin.
In this episode, NLW breaks down this breaking news, including:
- Restrictions on the fund in terms of who can buy and how much they can spend
- Background of the firms partnering with Morgan Stanley
- Why the direct bitcoin exposure is a sea change for institutional investors offering bitcoin products
