Morgan Stanley has updated its SEC filing for a Bitcoin Trust ETF, naming BNY Mellon as administrator and cash custodian and Coinbase Custody to safeguard the bitcoin holdings. The trust will hold physical bitcoin and track its value via the CoinDesk Bitcoin Benchmark, ensuring regulated and transparent pricing. If approved, shares would trade on NYSE Arca, allowing creation and redemption in cash or bitcoin. The move signals Wall Street’s increasing embrace of crypto spot products amid rising institutional demand.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
May 2026 — Asentum today announced the successful launch of its public testnet, marking the…
A crypto Ponzi scheme operating under the names DSJ Exchange and BG Wealth Sharing collapsed…
Just when Telegram-based Play-to-Earn (P2E) tokens looked completely written off, they’re suddenly back from the…
Andreessen Horowitz’s crypto arm has raised $2.2 billion for its fifth fund, bringing total commitments…
Bitcoin crossed back above $81,000 Monday, reclaiming a level it had not seen in four…
Algorand price has climbed 7% in the last 24 hours, extending its recovery as ALGO…
