Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Morgan Stanley's Bitcoin Trust rapidly grows to 3,472 BTC in six weeks, showing strong institutional demand.

Market News
21 May 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Morgan Stanley's Bitcoin Trust (MSBT), launched on April 9, 2026, has quickly accumulated 3,472 BTC by May 21, adding 83 BTC recently. This steady buying reflects strong institutional interest, with the fund growing by about 33% in less than a month. MSBT offers a low expense ratio of 0.14%, making it competitive among spot Bitcoin ETFs. The bank's move from offering third-party Bitcoin ETFs to launching its own product signals confidence in growing client demand for direct Bitcoin exposure.

More News

Biogen and Denali halt BIIB122 development after Phase 2b Parkinson's study fails to meet endpoints

Biogen and Denali halt BIIB122 development after Phase 2b Parkinson's study fails to meet endpoints

Biogen and Denali announced that their Phase 2b LUMA study of BIIB122 (DNL151) in early-stage Parkinson's disease did not meet its primary or secondary endpoints, showing no slowing of disease progression compared to placebo. Despite good safety and ...

Company Fundamentals
Bearish
50 minutes ago
Biogen and Denali halt BIIB122 development after Phase 2b study fails to slow early Parkinson's progression

Biogen and Denali halt BIIB122 development after Phase 2b study fails to slow early Parkinson's progression

Biogen and Denali announced that their Phase 2b LUMA study of BIIB122, a drug targeting early-stage Parkinson's disease, did not meet its primary or secondary endpoints, showing no slowing of disease progression compared to placebo. Despite good safe...

Market News
Bearish
50 minutes ago
Samba TV launches Project Gravity, a platform for real-time data activation across major ad platforms.

Samba TV launches Project Gravity, a platform for real-time data activation across major ad platforms.

Samba TV has introduced Project Gravity, an independent data onboarding and activation platform that integrates advertisers' first-party data with over 40 leading advertising platforms like Google DV360, Meta, and TikTok. Designed for the agentic era...

Others
Bullish
50 minutes ago
IMAX shares jump as company explores potential sale amid growing market share.

IMAX shares jump as company explores potential sale amid growing market share.

IMAX is reportedly exploring a potential sale, approaching entertainment firms, though talks are early and may not lead to a deal. The company has seen strong growth, with its premium large-format theaters increasing their share of U.S. and Canadian ...

Market News
Bullish
56 minutes ago
CU Inc. Series 4 Preferred Shares holders cannot convert to Series 5 due to insufficient conversion requests.

CU Inc. Series 4 Preferred Shares holders cannot convert to Series 5 due to insufficient conversion requests.

CU Inc. announced that holders of its Series 4 Preferred Shares are not entitled to convert these shares into Series 5 Preferred Shares because only about 625 shares were tendered for conversion, far below the one million shares required. The Series ...

Company Fundamentals
Neutral
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App