Morgan Stanley submits SEC filing for spot Bitcoin ETF, signaling fresh inflows

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Morgan Stanley files spot BTC ETF; Bitwise sends $233k to Bitcoin devs

Morgan Stanley filed for a spot Bitcoin (BTC) ETF with the SEC. Bitwise donated $233,000 to open‑source Bitcoin developers from its BITB pledge.

Morgan Stanley named Coinbase Custody and BNY Mellon as custodians in its updated S‑1. See the SEC filing.

Investor Anıl notes early ETF inflows in 2024 largely offset Grayscale selling, not new demand. He argues this overhang has faded, so initial Morgan Stanley inflows would be fresh spot demand, with possible effects on Coinbase Premium. Source: Anıl on X.

Bitwise donated $233,000 to Bitcoin core development, the second annual contribution under its policy to allocate 10% of BITB’s gross profit to open‑source work. Details and recipients—BitcoinBlick, OpenSats, and the Human Rights Foundation’s Bitcoin Development Funds—are in Bitwise’s post.

  • Morgan Stanley’s ETF custodians: Coinbase Custody and BNY Mellon per the SEC filing.
  • Analyst view: net new spot demand likely as Grayscale rotation wanes per Anıl.
  • Bitwise donation: $233,000 to three non‑profits, tied to its 10% BITB pledge per Bitwise.

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