ChainCatcher news, according to market news, Morgan Stanley's trading service E-Trade is exploring the provision of cryptocurrency trading.

ChainCatcher news, according to official sources, former Asia-Pacific Executive Directors of Goldman Sachs and Morgan Stanley, Dave Sandor, has officially announced his joining of the ZK-Rollup scaling solution OpenZK Network as a co-founder to expand its business landscape.It is reported that OpenZK is the first Layer 2 solution to integrate native ETH staking, liquidity re-staking, and stablecoin staking, focusing on RWA, stablecoins, and staking sectors, and will soon launch a token airdrop program.

ChainCatcher news, according to Bitcoin Magazine, the latest documents from the SEC show that Morgan Stanley holds a Bitcoin spot ETF worth $272.1 million.

ChainCatcher news, according to market news, OpenAI has established a $4 billion revolving credit facility with JPMorgan Chase, Citigroup, Goldman Sachs, Morgan Stanley, Santander Bank, Wells Fargo, Sumitomo Mitsui Banking Corporation, UBS, and HSBC.

ChainCatcher news, compiled by Jinshi, includes predictions from financial institutions such as Bank of America, Goldman Sachs, Morgan Stanley, Barclays, Scotiabank, DBS Bank, and Citibank that the Federal Reserve will cut interest rates by 25 basis points tonight, while the dot plot will become the focus of the market.

ChainCatcher news reports that HC Wainwright analysts indicate that by the end of the second quarter of 2024, the institutional holding ratio of Bitcoin spot ETFs in the United States will rise to 24%. According to the latest released 13-F filings and data compiled by Coinbase, this ratio is higher than the previous quarter's 21.4%.Despite a challenging market environment, the total assets under management of these ETFs decreased by 13% to $51.8 billion, but still achieved growth due to the decline in Bitcoin prices and new institutional investors, including Goldman Sachs (holding $412 million in ETF shares) and Morgan Stanley (holding $188 million).

ChainCatcher news, according to Ledger Insight, Mitsubishi UFJ Financial Group's Japanese joint venture Mitsubishi UFJ Morgan Stanley Securities (MUFG MSS) plans to issue digital securities this year. Currently, real estate-backed security tokens account for about 80% of the Japanese market, while Mitsubishi UFJ Morgan Stanley Securities focuses on digital bonds.In the future, the company hopes to leverage Morgan Stanley's overseas network to sell Japanese digital bonds to foreign investors. MUFG also owns 49% of Progmat, which is one of the two main licensed blockchain networks in Japan for issuing digital securities.

ChainCatcher news, according to Bitcoinist, former head of the SEC's Internet Enforcement Division John Reed Stark stated that Morgan Stanley's recently launched large-scale Bitcoin ETF may face stricter regulatory scrutiny.Earlier this week, the Wall Street giant announced plans to allow its 15,000 licensed financial advisors to start marketing Bitcoin spot ETFs to clients, including BlackRock's IBIT and Fidelity's FBTC. However, this is limited to high-net-worth individuals with net assets of $1.5 million or more and a high risk tolerance.

ChainCatcher news, according to market news, Morgan Stanley has allowed its wealth advisors to promote Bitcoin ETFs to major Wall Street firms.

ChainCatcher news, according to CryptoSlate, Morgan Stanley disclosed in its Q1 13F filing with the SEC that it invested $269.9 million in a spot Bitcoin ETF through Grayscale's GBTC. According to data from Fintel, this investment makes it one of the largest holders of GBTC, following Susquehanna International Group, which invested $1 billion.Morgan Stanley is also one of the many globally systemically important banks (G-SIB) that have disclosed investments in spot Bitcoin ETFs, including other banks such as Royal Bank of Canada, JPMorgan Chase, Wells Fargo, BNP Paribas, and UBS Group.

According to ChainCatcher, citing sources familiar with the matter, Morgan Stanley plans to promote the purchase of Bitcoin ETFs to its clients through its 15,000 brokers.It is reported that since receiving regulatory approval in January, Morgan Stanley has offered Bitcoin ETFs, but only as an option and has not actively promoted them; clients still need to consult their advisors regarding investment matters. This situation may soon change, as sources say, "Morgan Stanley may allow every client to learn about Bitcoin ETFs in a controlled manner."

ChainCatcher news, the real-world asset (RWA) project Ondo Finance announced its ecosystem directory on X, which includes leading providers in liquidity, custody, and other key areas. Among them are asset management companies and trust companies such as Morgan Stanley, BlackRock, Ankura Trust, Clear Street, and NAV Consulting. Additionally, there are projects like Solana, Jupiter, FusionX Finance, and Injective.

ChainCatcher news, according to The Block, Michael Lewis, the author of "The Big Short," revealed in his new book "Going Infinite" that SBF met with the Prime Minister of the Bahamas to discuss repaying the country's total national debt of about $10 billion.Lewis claims that FTX moved its headquarters from Hong Kong to the Bahamas in 2021, partly due to the Chinese government's crackdown on cryptocurrencies. SBF chose the Bahamas as its registration location because the country implemented regulations that could legalize the crypto industry. SBF devised a plan to repay the Bahamas' national debt, thereby improving the country's infrastructure and providing a more attractive work and living environment for FTX employees. The book states that this idea was discussed during a meeting with Bahamian Prime Minister Philip Davis.Additionally, SBF had planned to apply for a $1 billion loan from Morgan Stanley to invest in Musk's acquisition of Twitter and intended to use FTT tokens as collateral. Lewis stated that Musk sought SBF's help to raise $44 billion for the deal. SBF suggested to former FTX executives Nishad Singh and Ramnik Arora that they should invest between $250 million and $1 billion in Twitter, but both executives opposed the idea. However, SBF ignored their advice and asked Morgan Stanley if they would be willing to lend him $1 billion to invest in Twitter using FTT as collateral.