Morgan Stanley boosts bitcoin holdings to $609 million
- —MSBT attracted $62.2 million over 20 trading days with no outflow days
- —Bought $3.8 million in BTC on Friday — fourth straight day of inflows
- —Morgan Stanley's total bitcoin holdings exceeded $609 million
- —BlackRock recorded a $19.2 million outflow the same day
Why it matters: A major bank is building its position amid BlackRock outflows — a signal of sustained institutional demand for BTC.
Source: U.Today