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$9.3T MORGAN STANLEY IS NOW MAKING ITS $BTC MOVE ⏰️
Morgan Stanley just named Coinbase and BNY Mellon as custodians for its proposed Morgan Stanley Bitcoin Trust. Coinbase Custody would hold the Bitcoin, while BNY Mellon would handle administration and cash services.
If approved, the ETF would hold $BTC directly, with most of the assets kept in cold storage.
It’s another signal of where things are heading. Wall Street isn’t just trading Bitcoin anymore -- it’s building the infrastructure around it. 👀