Morgan Stanley lets clients lend bitcoin and other assets for in-kind spot crypto ETF conversions
Hex37's read
- Morgan Stanley clients can now lend crypto for ETP shares.
- Partnership with Galaxy Digital facilitates crypto lending.
- Focus on in-kind spot crypto ETF conversions.
What it means for traders
- This could increase demand for spot crypto ETFs, potentially boosting underlying asset prices.
- Increased institutional adoption of crypto lending services may signal growing market maturity.
Affected markets
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