CryptoBullishThe Block · 2h ago7/10
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Morgan Stanley lets clients lend bitcoin and other assets for in-kind spot crypto ETF conversions
Morgan Stanley Wealth Management and Galaxy Digital have partnered to enable eligible clients to lend cryptocurrency assets in exchange for shares in crypto ETPs (exchange-traded products), creating a new mechanism for spot crypto ETF conversions. This partnership streamlines the process of converting crypto holdings into regulated investment vehicles while providing lending opportunities.
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