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Morgan Stanley Eases Barriers To Bitcoin And Ether Funds For All Clients - Morgan Stanley (NYSE:MS)
Morgan Stanley will allow all clients to invest in bitcoin and ether funds, including retirement accounts, reflecting growing demand and $77 billion inflows into crypto ETFs, The Block said.
- Starting Oct. 15, Morgan Stanley will allow financial advisors to offer crypto funds to any client, including retirement accounts, removing prior $1.5 million net worth and aggressive risk limits.
- After federal guidance shifted, the firm moved to broaden crypto access, driven by President Donald Trump's executive order easing 401 rules and rising client demand alongside E-Trade trading plans.
- To temper volatility risks, Morgan Stanley will deploy an automated monitoring system to prevent client overconcentration while advisors initially recommend Bitcoin and Ether funds from BlackRock and Fidelity.
- The decision expands Morgan Stanley's $8.2 trillion wealth and investment management business by allowing all clients, including those with retirement accounts, to invest in crypto funds starting Oct. 15.
- Market flows show spot bitcoin and ether ETFs have drawn more than $77 billion since 2024, while JPMorgan, Charles Schwab and Vanguard explore similar crypto offerings.
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Morgan Stanley Opens Crypto Access to All Clients Amid Wall Street Shift Toward Digital Assets: CNBC
The decision marks a major expansion for the bank’s $8.2 trillion wealth and investment management business and suggests a growing acceptance of crypto as an asset class for mainstream investors.
·Manila, Philippines
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Morgan Stanley Announces Plan to Open Crypto Investments to All Clients
Morgan Stanley has taken another major step into the cryptocurrency market, announcing that it will broaden access to crypto investments to all clients and allow such investments across all account types, including retirement accounts. The expansion, which takes effect on October 15, marks a significant policy shift at the world’s largest wealth management firm and […] The post Morgan Stanley Announces Plan to Open Crypto Investments to All Clie…
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