Morgan Stanley’s BlackRock Bitcoin ETF holdings rise 23% in Q2 — SkimNews
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- Morgan Stanley raised its BlackRock Bitcoin ETF (IBIT) holdings 23% in Q2, while also initiating a new MSBT position and adding exposure to the Grayscale Solana Staking ETF (~$4.25 million) and Fidelity Solana Fund (~$2.26 million)
- Morgan Stanley grew its iShares Ethereum Trust ETF (ETHA) position roughly 202% to 4.6 million shares and its Grayscale Ethereum Staking Mini ETF position 26% to 5.1 million shares
- Morgan Stanley nearly multiplied its Circle Internet Group (CRCL) stake, jumping from ~1.46 million to 8.32 million shares — the largest share-count increase in the filing
- Morgan Stanley added to multiple Bitcoin mining and infrastructure names including Cipher Digital (CIFR), Core Scientific (CORZ), Hut 8 (HUT), and Bitdeer Technologies (BTDR)
- Morgan Stanley cut roughly 550,000 Coinbase (COIN) shares, trimmed CleanSpark (CLSK) by more than 3.1 million shares, and fully exited its ~8 million-share Bitfarms (BITF) position
Why it matters: The 23% IBIT bump and 202% ETHA surge show Morgan Stanley didn't just add to its biggest crypto bet — it doubled down across the board, with the Circle stake nearly 6x'd and fresh Solana fund exposure signaling appetite beyond BTC and ETH. But the simultaneous Coinbase, CleanSpark, and Bitfarms exits show this isn't blanket enthusiasm: the bank is rotating toward infrastructure and stablecoins while trimming exchange and mining exposure.
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