ChainCatcher report: In response to Morgan Stanley’s second amended S-1 filing for a spot Bitcoin ETF, Phong Le, CEO of Strategy, stated that Morgan Stanley Wealth Management oversees approximately $8 trillion in assets, with a Bitcoin allocation of around 0–4%. Even a 2% allocation would amount to $160 billion—roughly three times the size of IBIT.
Strategy CEO: Morgan Stanley’s 2% Bitcoin Allocation Could Attract $160 Billion in Inflows
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Bitcoin breaking news: Phong Le, CEO of Strategy, said Morgan Stanley’s wealth management oversees approximately $8 trillion in assets, with a Bitcoin allocation range of 0–4%. He noted that a 2% Bitcoin allocation would bring in $160 billion in inflows—roughly three times the size of IBIT.
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