Morgan Stanley told its financial advisers Friday that they could start pitching two bitcoin exchange-traded funds to wealthy clients next Wednesday, according to people familiar with the matter.

Morgan Stanley on Friday told its army of financial advisors that it will soon allow them to offer bitcoin ETFs to some clients, a first among major Wall Street banks, CNBC has learned.

Morgan Stanley allegedly told its financial advisors they can begin offering clients Bitcoin ETFs, a report said on Friday. AP In January, the SEC approved applications for 11 spot bitcoin ETFs.

In a sense, Morgan Stanley’s relaxed but still guarded stance on bitcoin ETFs was a long time coming, as it arrives more than half a year after the SEC’s January decision to approve 11 spot ...

Morgan Stanley (MS) enables its advisors to offer bitcoin exchange-traded funds to wealthy clients with at least $1.5 million of net worth. The offering is set to launch this Wednesday.

Morgan Stanley predicts seven US Fed rate cuts by 2026, lowering rates to 2.5%—a shift that could reshape crypto markets.

JPMorgan Chase’s CEO Jamie Dimon has long been one of Bitcoin’s most vicious skeptics. In 2017, he said he would fire any employee who traded Bitcoin for being “stupid,” and called it a “fraud.” Last ...