The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Morgan Stanley Investment Fund Increases Exposure to Grayscale Bitcoin Trust by 100%

by Daily Hodl Staff
September 29, 2021
in Bitcoin

A Morgan Stanley investment fund is doubling the number of Grayscale Bitcoin Trust (GBTC) shares it holds.

A filing with the U.S. Securities and Exchange Commission (SEC) shows that the Morgan Stanley Europe Opportunity Fund (EUGAX) increased the number of GBTC shares by 105% from the end of April to late July of this year.

As of April 30th, the Morgan Stanley Europe Opportunity Fund held 28,298 GBTC shares, but this rose to 58,116 shares as of July 31st.

The Morgan Stanley Europe Opportunity Fund invests “primarily in high quality established and emerging companies” believed to be “undervalued at the time of purchase.”

The Grayscale Bitcoin Trust, which gives investors exposure to Bitcoin (BTC) via a traditional investment vehicle, currently boasts $28.2 billion worth of assets under management. Since its inception in September of 2013, GBTC shares have appreciated by 29,028% according to Grayscale.

In addition to the EUGAX, four other Morgan Stanley funds have bought GBTC shares in the recent past.

Late last month, SEC filings revealed that the Morgan Stanley Insight Fund (CPODX), the Morgan Stanley Institutional Fund (MSEGX), Morgan Stanley Institutional Fund Trust (MACGX), and the Morgan Stanley Variable Insurance Fund (MUSRX) all bought varying amounts of GBTC shares.

Per the SEC filing, the Morgan Stanley Institutional Fund bought the largest amount of GBTC shares at 4,772,064.

The Morgan Stanley Insight Fund bought 928,051 GBTC shares while the Morgan Stanley Institutional Fund Trust purchased 611,868 GBTC shares.

The Morgan Stanley Variable Insurance Fund acquired 179,703 GBTC shares.

At the time of writing, GBTC was trading at $34.18 per share, according to TradingView.

Featured Image: Shutterstock/iurii/nsimsek0

Submit a Press Release

Industry Announcements

  • Zircuit Enables Non-Custodial Wallet Top-Ups for Crypto.com Visa Cards
    May 30, 2025
  • How To Accept Cryptocurrency on Your Website – Step-by-Step Instructions
    May 29, 2025
  • Stanford Grads Announce $28 Million Blockchain Builders Fund Incubating Frontier Web 3.0 Startups
    May 29, 2025
  • Bet20 Launches Premium Casino Platform With Trusted Licensing, Instant Crypto Withdrawals and Elite Gaming
    May 29, 2025
  • Reddio’s Exclusive Token Generation Event and Alpha Trading on Binance Wallet – May 29, 2025
    May 29, 2025
  • Weed Launches Global Well-Being Platform Powered by AI
    May 28, 2025
  • BitMEX Unveils AI-Powered VIP Trading Reports in Partnership With Hoc-Trade
    May 28, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$104,372.96
$104,372.96
0.69%
Ethereum
$2,507.07
$2,507.07
0.61%
BNB
$652.99
$652.99
0.14%
Solana
$153.76
$153.76
0.7%
XRP
$2.15
$2.15
0.84%

Spotlight

  • Crypto Analyst Warns of 2021-Style Bitcoin Bull Market Top, Says ‘All Bets Are Off’ if BTC Loses Crucial Level
    May 25, 2025
  • Moving Apple iPhone Manufacturing to US a ‘Pinocchio Story,’ Says Investor Dan Ives – Here’s What He Means
    May 25, 2025
  • Scammer Drains $5,050 From Bank of America Account – Why the Bank Says Reimbursement Is Not Happening: Report
    May 25, 2025
  • Trump Administration ‘Going Big on Digital Assets’ To Trigger $2,000,000,000,000 in Demand for Treasuries: Scott Bessent
    May 25, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl