Morgan Stanley Bitcoin ETF buys 48.7 BTC for $3.85 million
- —MSBT received 48.712 BTC worth $3.85 million from Coinbase Prime
- —Over the week, the fund attracted 487.13 BTC worth $38.45 million
- —Data from on-chain monitoring firm Onchain Lens
Why it matters: Continued purchases by a major bank support institutional demand for bitcoin.
Source: PANews