According to BlockBeats, on April 25, The Block reported that two executive sources familiar with Morgan Stanley's plan said that Morgan Stanley may allow its 15,000 brokers to advise clients to buy spot Bitcoin ETFs. The company is currently laying the foundation for tender purchases, including risk tolerance requirements and restrictions on allocation and trading frequency. However, executive sources are temporarily unable to provide a timetable for policy changes. It is reported that major brokerage firms including Morgan Stanley, Merrill Lynch and Wells Fargo began offering spot Bitcoin ETFs after their initial launch in January, but only for active purchases, and customers need to actively contact their advisors.
Morgan Stanley may allow brokers to recommend clients to buy Bitcoin spot ETFs: People familiar with the matter
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