Morgan Stanley is accelerating its involvement in the cryptocurrency industry.
CNBC reports the latest move is a direct response to Morgan Stanley clients demanding bitcoin exposure.
Two of the funds are from Galaxy Digital and the other is joint effort from FS Investments and NYDIG, according to the report.
That said, the Morgan Stanley offering comes with a handful of restrictions. According to the report:
The funds will likely be open to Morgan Stanley clients as early as next month.
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