Morgan Stanley, UBS on the verge of approving Bitcoin ETF expo | Crypto | Bitcoin | Blockchain
Morgan Stanley, UBS on the verge of approving Bitcoin ETF exposure
Morgan Stanley and UBS are actively competing to become the first major banks to offer their clients access to spot Bitcoin exchange-traded funds (ETFs), according to people familiar with the matter. Sources said that Morgan Stanley wants to be the first major bank to offer its clients full access to spot BTC ETFs and will try to frontrun UBS by making an announcement a few days earlier. Arch Public co-founder Andrew Parish shared the development on social media, citing sources.
