Bitcoin ETF Services Launching by Year-End
@BitwiseInvest’s CIO Matt Hougan predicts @MerrillLynch, @MorganStanley, @WellsFargo, and UBS will offer Bitcoin ETFs by 2025’s end, with $BTC trading at $93,869. #Update #ETF $BTC (+3) ↗
@BitwiseInvest’s CIO Matt Hougan predicts @MerrillLynch, @MorganStanley, @WellsFargo, and UBS will offer Bitcoin ETFs by 2025’s end, with $BTC trading at $93,869. #Update #ETF $BTC (+3) ↗
Morgan Stanley’s Mike Wilson warns the current stock market rally may fade by mid-year due to fundamental factors, including earnings revisions and lack of presidential support. #Update #Finance (-6) ↘
@JPMorgan, @BankofAmerica, and Morgan Stanley reveal differing S&P 500 outlooks post-$5.5 trillion correction; potential bottom seen but further downside possible. #Update #Finance (+3) →
@MorganStanley is intensifying its focus on crypto, committing to work with U.S. regulators to harness bitcoin’s resilience and transformative potential for finance, as stated by CEO Ted Pick on Thursday. #Update #Crypto (+3) ↗
Morgan Stanley CEO Ted Pick announces collaboration with US regulators to explore crypto offerings, as the firm seeks safe entry into digital assets. Under current rules, banks can’t own Bitcoin physically but can engage in derivatives. #Update #Crypto (+4) ↗