Morgan Stanley became the first major US bank to offer clients access to Bitcoin (BTC) funds.






The famous bank, which manages $ 4 trillion in assets, said in a letter to its financial advisors that the bank has initiated access to three different funds that allow it to own Bitcoin, according to people who have direct information on the subject.


This move of Öorgan Stanley, which is a very important step in the adoption of Bircoin as an asset class, came after the demand from customers. Bitcoin's rally, which started in 2020, started with the participation of big companies in Bitcoin.


However, it is worth noting that the bank conditionally initiated access to Bitcoin. Currently, this feature will only be launched for customers with at least $ 2 million in assets.


Investment firms, on the other hand, will need to have at least $ 5 million from Morgan Stanley Bank to invest in this share. For both individual customers and companies, the bank account must be open for at least 6 months.


Morgan Stanley stated that even customers with assets that can access the Bitcoin fund are restricting their Bitcoin investment to 2.5% of their total net worth.


According to the information received, after the completion of the training of the financial advisors of the banks on the subject, customers will have the opportunity to invest in Bitcoin next month.