Morgan Stanley’s BlackRock Bitcoin ETF holdings rise 23% in Q2
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- Morgan Stanley lifted its BlackRock Bitcoin ETF (IBIT) position by 23% in Q2, according to the filing.
- Morgan Stanley boosted its iShares Ethereum Trust ETF (ETHA) stake by ~202% to 4.6 million shares and its Grayscale Ethereum Staking Mini ETF (ETH) position by ~26% to 5.1 million shares.
- Morgan Stanley initiated a new MSBT position and added ~$4.25 million in Grayscale Solana Staking ETF (GSOL) and ~$2.26 million in Fidelity Solana Fund (FSOL).
- Morgan Stanley expanded its Circle Internet Group (CRCL) — issuer of the USDC stablecoin — holdings from ~1.46 million to 8.32 million shares.
- Morgan Stanley added exposure to Bitcoin mining and infrastructure firms Cipher Digital (CIFR), Core Scientific (CORZ), Hut 8 (HUT), and Bitdeer Technologies (BTDR).
- Morgan Stanley trimmed its Coinbase (COIN) position by ~550,000 shares, cut CleanSpark (CLSK) by more than 3.1 million shares, and fully exited its ~8 million-share Bitfarms (BITF) stake.
Why it matters: The filing shows Morgan Stanley isn't just adding to Bitcoin ETFs — it's building a diversified crypto book spanning Ether ETFs, first-time Solana exposure, stablecoin issuer Circle (nearly 6× increase to 8.32M shares), and four Bitcoin mining firms. Paired with Cointelegraph's parallel JPMorgan Q2 story, the pattern is clear: major US banks are systematically accumulating across the entire digital-asset stack, not just spot BTC products.
Ask SkimNews
