Morgan Stanley’s Bitcoin ETF could offer strategic value beyond inflows, analysts say - Source: CoinTelegraph

US investment bank Morgan Stanley may be positioning itself so that even if its newly announced spot Bitcoin exchange-traded fund underperforms, it will still deliver strategic benefits across the firm, according to ProCap chief investment officer Jeff Park.

“Morgan Stanley is making the bet that even if their ETF doesn't scale to blockbuster success, there's an intangible benefit that will help build their clout,” Park said on Wednesday.

Story continues: https://cointelegraph.com/news/bitcoin-etf-morgan-stanley-flows-reputational-procap-jeff-park