SEC filing: Morgan Stanley's MSBT held 5,059 BTC as of June 30 and sold bitcoin to redeem shares
- —SEC filing shows 5,059.30771216 BTC, valued at $299.01 million, as of June 30
- —Bitcoin purchases since launch totaled $200.27 million
- —Bitcoin worth $5.26 million was sold to fund share redemptions
- —Arkham's on-chain data puts MSBT holdings at 10,519 BTC, worth about $903.86 million
Why it matters: The gap between on-chain data and filings shows ETF flows cannot be judged by wallet balances alone.
Source: TokenPost