Morgan Stanley Institutional Fund Is Very Bitcoin Heavy, According to a Recent SEC Filing

The fund reported total net assets of $10,042,729 as of June 30, 2024, consisting of 216 different positions.

Morgan Stanley Institutional Fund Discloses Heavy Bitcoin Exposure

A recent SEC filing has revealed the Morgan Stanley Institutional Fund's heavy exposure to Bitcoin. As of June 30, 2024, the fund's total net assets were reported to be $10,042,729, divided among 216 distinct holdings. MicroStrategy (4.0%) and BlackRock's iShares Bitcoin Trust (2.1%) were among the fund's top 10 holdings.

Despite being a relatively small fund, its holdings in MicroStrategy, which owns over 226,500 Bitcoin, and its Bitcoin ETF exposure highlight the broader institutional interest in digital assets.

This news follows recent disclosures by major TradFi giants regarding their Bitcoin ETF holdings. According to Goldman Sachs' quarterly filing with the Securities and Exchange Commission (SEC), the firm disclosed acquiring $418 million in Bitcoin ETFs. Similarly, Morgan Stanley reported a substantial holding in IBIT, with 5.5 million shares valued at $187 million.

In a 13F filing today, Morgan Stanley disclosed owning 5,500,626 shares of iShares Bitcoin Trust as of June 30 (valued at $187,791,372 on that date). The filing indicates that all 5.5 million shares are designated to Morgan Stanley Investment… https://t.co/SKL9AF2R3V

Bitcoin's price performance has faced significant challenges in recent weeks. In line with a broader downturn in crypto markets, Bitcoin marked its worst decline last week since the chaos in global markets in early August, and its slide continued this week.

The world's leading cryptocurrency trailed traditional assets at the close of August amid concerns over declining liquidity and government sell-offs of their crypto holdings.

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