Morgan Stanley's Oldenburg: Bitcoin on U.S. bank balance sheets is coming, just not yet
Burns Brief
Morgan Stanley launched the first bank-issued Bitcoin ETP, but Amy Oldenburg said advisors, regulators and balance sheets still have a long way to go Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch $BTC for reaction — a decisive move above or below key levels will confirm the next trend.
Morgan Stanley launched the first bank-issued Bitcoin ETP, but Amy Oldenburg said advisors, regulators and balance sheets still have a long way to go.
Key Takeaways
- Morgan Stanley launched the first bank-issued Bitcoin ETP, but Amy Oldenburg said advisors, regulators and balance sheets still have a long way to go