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Morgan Stanley to Offer Rich Clients Access to Bitcoin Funds

  • Funds on offer to customers with ‘aggressive risk tolerance’
  • Wall Street mostly stayed on the sidelines during crypto surge
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Explain This: Bitcoin's Wild Ride

Morgan Stanley plans to offer wealthy clients access to three funds that will enable ownership of Bitcoin, according to a person familiar with the matter.

Galaxy Digital runs two of the funds, and the third is overseen by FS Investments and NYDIG, the person said, asking not to be identified because the move hasn’t been announced publicly.