Morgan Stanley Files Amended S-1 for Bitcoin Trust, Moves Closer to Spot ETF Launch

TLDR: Morgan Stanley filed an amended S-1 with the SEC, advancing plans for its spot Bitcoin Trust launch. Coinbase Custody will safeguard Bitcoin while BNY Mellon manages fund administration and cash. The trust will directly hold Bitcoin and track the CoinDesk Bitcoin Benchmark 4 PM NY rate. The move highlights growing institutional commitment to Bitcoin [...]

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