Morgan Stanley's Bitcoin ETF wallet received 51.57 BTC (~$4.12M) from Coinbase Prime, with 80.22 BTC total inflows over 3 days.
Macro & Markets ·
Morgan Stanley's Bitcoin ETF wallet received a single transfer of 51.57 BTC worth approximately $4.12 million from Coinbase Prime, according to on-chain monitoring. Over a three-day period, the wallet accumulated 80.22 BTC in total inflows, valued at roughly $6.45 million, signaling sustained buying activity.
The transfers flow through Coinbase Prime, the institutional custody and trading platform, into the ETF's dedicated wallet address. This pattern reflects institutional appetite for Bitcoin spot exposure via Morgan Stanley's product.
It remains unclear whether these inflows represent new client subscriptions, rebalancing activity, or other institutional positioning. The three-day window does not indicate whether the buying pattern will continue or how it compares to redemptions or other wallet activity.