Morgan Stanley is set to become the first major U.S. bank to offer its wealth management clients access to bitcoin funds. The bank, with $4 trillion in client assets, told financial advisors in an internal memo it’s launching access to three funds that let investors gain exposure to crypto.
Digital asset manager Grayscale Investments has launched five new trusts allowing investors to gain exposure to the Basic Attention Token (BAT), Chainlink (LINK), Filecoin (FIL), Decentraland (MANA), and Livepeer (LPT).
Hong Kong-listed tech firm Meitu has announced it bought an additional 16,000 ether at an aggregate price of $28.4 million, and 386.085 BTC at an aggregate price of $216 million.
Top stories in the Crypto Roundup today:
- Morgan Stanley to Offer Wealth Management Clients Access to Bitcoin Funds
- Grayscale Launches Five New Crypto Investment Trusts
- Hong Kong-Listed Tech Firm Invests More Money in Bitcoin and Ethereum
- Daily Movers – BAT, FIL, CHZ