Morgan Stanley’s Lowest-Fee Bitcoin ETF Is Just the Start as Bank Eyes Tokenization, Tax Tools
Morgan Stanley, only days removed from rolling out MSBT, is signaling it has bigger crypto ambitions than just bitcoin. The bank says it’s considering tokenized money-market funds—blockchain-powered digital versions of traditional cash-like funds—and digital-asset tax tools as it expands its crypto footprint. For one of Wall Street’s heavyweight wealth managers, it’s a sign there’s more in the pipeline than a fresh ticker symbol.
