$102,948.00
-0.12%$2,340.78
6.52%$2.34
0.96%$666.67
6.11%$172.70
5.68%$0.999964
0.01%$0.205086
4.01%$0.776521
1.49%$0.260059
1.19%$2,335.28
6.41%$102,765.00
-0.18%$3.94
-1.96%$15.99
1.07%$23.22
5.27%$2,811.91
7.06%$0.295135
1.92%$0.00001501
4.82%$0.202141
3.81%$24.86
7.01%$3.28
2.20%$409.92
-2.79%$8.74
-1.31%$0.999919
-0.01%$100.38
6.09%$4.79
7.79%$2,340.65
6.68%$315.64
5.72%$2,496.32
7.04%$0.74266
15.35%$4.44
-1.45%$1.00
-0.01%$0.00001228
10.62%$102,954.00
-0.16%$1.00
0.06%$30.25
-0.39%$6.35
4.34%$429.65
1.85%$2.90
6.37%$5.55
1.46%$54.84
3.99%$210.95
2.88%$1.004
3.38%$1.051
0.02%$1.00
0.00%$19.18
3.49%$0.101405
3.23%$5.44
4.25%$14.19
13.38%$22.26
0.67%$0.104587
5.50%$33.43
1.59%$0.767641
1.66%$0.02994734
4.85%$4.97
5.96%$0.251954
0.71%$4.92
8.72%$0.825128
6.09%$0.367191
8.29%$1.002
0.15%$102,866.00
-0.07%$1.17
0.02%$3.02
3.30%$0.232036
3.43%$3.06
11.90%$0.588386
4.03%$4.36
0.03%$0.377347
4.54%$0.0000217
9.65%$4.52
2.93%$1.14
7.74%$0.539725
13.61%$0.998484
-0.47%$0.972041
-1.28%$1,734.87
2.21%$181.26
6.15%$2,341.19
6.56%$11.14
0.94%$95.14
-0.23%$1.36
9.89%$2,436.61
6.73%$0.02007185
0.43%$0.85541
0.13%$1.95
-6.47%$1.27
-0.39%$0.757473
10.00%$0.24363
6.20%$0.079056
2.70%$4.50
5.98%$0.659564
7.58%$102,885.00
-0.09%$11.76
5.63%$2,649.77
6.89%$0.999724
-0.17%$0.111872
8.19%$0.763345
0.73%$0.00009936
9.16%$666.75
6.11%$1.027
7.43%$0.99974
-0.00%$222.63
5.59%$0.0144459
2.46%$0.900263
7.77%$1.00
-0.05%$2,491.51
6.71%$0.01825615
3.02%$191.03
5.63%$0.01947482
9.67%$0.835545
10.15%$102,881.00
-0.31%$14.46
-2.12%$3,334.00
0.46%$41.34
2.50%$2.82
0.67%$0.333128
6.12%$104,867.00
1.73%$102,558.00
0.54%$3,336.03
0.41%$0.999881
-0.01%$2.42
8.18%$0.237034
2.91%$0.077699
5.10%$0.00000078
3.25%$0.611469
-3.77%$22.52
4.40%$2,450.12
6.68%$0.739223
7.66%$4.03
1.03%$0.194233
28.21%$0.119113
-0.83%$0.435507
6.29%$41.84
-0.20%$0.630215
5.93%$0.351705
6.50%$0.997835
0.00%$0.692745
8.37%$1.97
2.22%$2,401.97
4.63%$1.00
0.16%$3.85
5.05%$0.01832328
-2.60%$0.740008
0.71%$1.11
-0.39%$0.01033452
2.99%$0.00602214
4.86%$0.468545
0.95%$111.00
0.02%$18.95
11.36%$0.687175
8.15%$0.49157
4.60%$0.171271
14.59%$0.20562
3.85%$8.08
5.75%$1.49
8.46%$103,271.00
0.19%$0.63998
13.82%$0.515546
9.13%$2,340.78
6.66%$2,340.13
6.47%$0.198891
-3.51%$0.999394
0.02%$2,492.17
6.55%$0.195026
15.07%$0.999974
0.01%$102,589.00
-0.17%$0.00002403
3.79%$2,389.33
6.52%$0.00891021
6.51%$0.065193
0.11%$100,118.00
1.59%$3.87
8.90%$2.87
5.49%$6.54
4.44%$0.999996
0.01%$0.098931
9.43%$1.83
3.70%$0.088836
3.90%$1.63
2.58%$0.04615939
4.73%$0.00000044
1.30%$2,340.20
6.53%$1.096
0.72%$1.013
0.09%$0.00594876
0.55%$0.2521
0.79%$0.624524
6.03%$45.22
3.68%$0.00000104
4.79%$0.154549
-1.40%$102,758.00
0.23%$1.49
-0.38%$0.393479
80.80%$0.354729
10.99%$0.410433
1.41%$0.0379962
3.22%$0.83303
10.15%$0.00440621
3.12%$0.383682
3.08%$0.01903977
1.77%$1.002
-0.13%$0.00006697
4.70%$32.98
-0.91%$0.855415
4.13%$2,340.68
6.74%$0.178324
0.84%$21.53
-0.42%$2,332.88
7.12%$0.345383
-1.27%$0.00000168
14.21%$131.40
5.85%$0.00339822
8.80%$2,476.71
6.46%$1.23
9.63%$0.743798
2.09%$1.38
1.56%$1.00
-0.03%$2.97
9.76%$102,880.00
-0.11%$1.00
-0.06%$24.70
6.19%$0.261629
7.44%$3.94
17.37%$23.22
5.17%$2,568.77
6.67%$0.999801
-0.01%$0.228023
4.13%$1.00
0.01%$0.0035357
11.82%$0.537941
-1.88%$2,549.87
6.77%$0.03569744
2.04%$1.098
0.01%$17.95
6.86%$2,341.48
6.70%$23.89
3.14%$2,521.19
6.38%$0.5804
3.45%$24.69
6.17%$0.287181
4.57%$0.999788
-0.02%$0.999469
-0.09%$0.04058245
5.94%$2,340.18
6.97%$3,327.15
-0.27%$3.36
-2.59%$0.00268564
11.54%$0.01410263
5.41%$0.117683
11.19%$0.806625
7.35%Reading
A filing with the U.S. Securities and Exchange Commission (SEC) published on Monday has revealed that the Morgan Stanley Europe Opportunity Fund owned roughly $880,000 worth of Grayscale Bitcoin Trust (GBTC) shares as of April 30.
Per the NPORT-P (a monthly portfolio investments report) filed with the SEC, Morgan Stanley’s investment fund held at least 28,289 GBTC shares on April 30. At the current price of $31.13 per share, this amounts to $880,636.
However, at the time the document was filed, the reported price of shares was estimated at $1,325,339. This is because the value of Grayscale Bitcoin Trust shares is directly tied—unsurprisingly—to Bitcoin's price. On April 30, BTC was trading at around $54,000-$56,000, according to crypto metrics platform CoinGecko, but has slid down to around $35,000 since then.
The SEC filing also showed that the fund’s Bitcoin investment amounts to around 0.5367% of its total net assets. Additionally, the “payoff profile” was reported as “long,” suggesting that the shares in question are viewed as a long-term investment.
According to its website, the Morgan Stanley Europe Opportunity Fund “seeks to maximize capital appreciation by investing primarily in high quality established and emerging companies located in Europe that the investment team believes are undervalued at the time of purchase.”
Grayscale Investments is currently the largest crypto asset manager in the world. According to the company’s latest report, Grayscale currently has $31.5 billion worth of various cryptocurrencies under its management.
The firm’s Bitcoin Trust is the biggest by far, amounting to $23.16 billion. It is followed by the Grayscale Ethereum Trust with $6.82 billion. Other crypto-focused funds launched by Grayscale currently account for anywhere between $369 million and $3 million.
06/29/21 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products.
Total AUM: $31.5 billion$BTC $BCH $ETH $ETC $ZEN $LTC $XLM $ZEC $BAT $LINK $MANA $FIL $LPT pic.twitter.com/XuHqgzV601
— Grayscale (@Grayscale) June 29, 2021
In mid-March, Morgan Stanley also became the first major U.S. bank to offer its wealthier clients exposure to Bitcoin funds such as FS NYDIG Select Fund, the Galaxy Bitcoin Fund LP, and the Galaxy Institutional Bitcoin Fund LP.
Recently, investment firm ARK Invest similarly tapped Grayscale to take advantage of Bitcoin’s price dip. On June 24, as the price of BTC dropped below $30,000, the company bought 1,046,002 GBTC shares for a total of around $29 million. This purchase has boosted ARK’s GBTC holdings to 8.6 million shares ($238.9 million).
Grayscale's two-year battle to launch a Bitcoin spot exchange-traded fund (ETF) may finally be turning a corner. On August 29, 2023, the United States Court of Appeals for the DC Circuit sided with Grayscale over the U.S. Securities and Exchange Commission (SEC) in the crypto firm's quest to launch a Bitcoin ETF. The price of Bitcoin rose significantly following the news. Bitcoin Surges After Grayscale Wins Appeal Against SEC The Grayscale Bitcoin Trust (GBTC), which was launched in 2013, enable...
However, ARK Invest and Morgan Stanley appear to be swimming against the tide; according to a recent report by crypto analytics company Glassnode, institutional investors are losing interest in the Grayscale Bitcoin Trust, with GBTC shares trading at a significant discount—meaning that their price is lower than the current value of BTC they represent.
Vice President JD Vance is set to headline the world's biggest Bitcoin conference, one year after President Donald Trump spoke at the event. Bitcoin 2025's organizers announced the news Friday, noting that it would be the first time a vice president has ever headlined a crypto event to make public support of Bitcoin. A source familiar with the vice president's schedule confirmed to Decrypt that he will speak at the conference. Last year, President Trump spoke at July's Bitcoin 2024 conference i...
Wellgistics Health, a publicly traded healthcare infrastructure firm, plans to accept payments in XRP and will add Ripple Labs’ token to its corporate treasury—aligning the business with a growing list of publicly traded companies that have embraced digital assets in the U.S. Tampa-based Wellgistics plans to adopt XRP for payments infrastructure that will connect manufacturers directly to pharmacies, the company said Thursday in a statement. The firm's blockchain-powered platform, which is stil...
Bitcoin is coming to the drive-thru. American fast food chain Steak ‘n Shake said Thursday it will begin accepting the world’s largest crypto at all of its U.S. locations starting May 16, giving its more than 100 million customers the option to pay for milkshakes and burgers in BTC. “The movement is just beginning,” the company posted on X. Unlike high-margin retailers, fast food chains run on thin margins and high volume, making Steak ‘n Shake’s Bitcoin rollout a real-world stress test for the...
