PANews reported on October 10th that Morgan Stanley informed its financial advisors on Friday that it is expanding cryptocurrency investment access to all clients and allowing such investments in any account type, including retirement accounts. Starting October 15th, financial advisors will be able to recommend cryptocurrency funds to any client. Previously, this option was limited to clients with a higher risk tolerance and at least $1.5 million in assets who wished to invest in cryptocurrency in taxable brokerage accounts. With Morgan Stanley removing eligibility requirements for cryptocurrency funds, the firm will rely on automated monitoring processes to ensure clients are not overly concentrated in this volatile asset class, according to people familiar with the matter. The bank's global investment committee recently released a model that recommends setting an initial allocation of up to 4% to cryptocurrencies based on different goals, ranging from "wealth preservation" to "opportunistic growth." People familiar with the matter said that for now, financial advisors are still limited to recommending Bitcoin funds from BlackRock and Fidelity, but Morgan Stanley is monitoring industry trends and considering adding other cryptocurrencies to these products. They added that clients can also request to invest in any listed cryptocurrency exchange-traded product.PANews reported on October 10th that Morgan Stanley informed its financial advisors on Friday that it is expanding cryptocurrency investment access to all clients and allowing such investments in any account type, including retirement accounts. Starting October 15th, financial advisors will be able to recommend cryptocurrency funds to any client. Previously, this option was limited to clients with a higher risk tolerance and at least $1.5 million in assets who wished to invest in cryptocurrency in taxable brokerage accounts. With Morgan Stanley removing eligibility requirements for cryptocurrency funds, the firm will rely on automated monitoring processes to ensure clients are not overly concentrated in this volatile asset class, according to people familiar with the matter. The bank's global investment committee recently released a model that recommends setting an initial allocation of up to 4% to cryptocurrencies based on different goals, ranging from "wealth preservation" to "opportunistic growth." People familiar with the matter said that for now, financial advisors are still limited to recommending Bitcoin funds from BlackRock and Fidelity, but Morgan Stanley is monitoring industry trends and considering adding other cryptocurrencies to these products. They added that clients can also request to invest in any listed cryptocurrency exchange-traded product.
Morgan Stanley removes restrictions on wealth management clients holding crypto funds
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
PANews reported on October 10th that Morgan Stanley informed its financial advisors on Friday that it is expanding cryptocurrency investment access to all clients and allowing such investments in any account type, including retirement accounts. Starting October 15th, financial advisors will be able to recommend cryptocurrency funds to any client. Previously, this option was limited to clients with a higher risk tolerance and at least $1.5 million in assets who wished to invest in cryptocurrency in taxable brokerage accounts.
With Morgan Stanley removing eligibility requirements for cryptocurrency funds, the firm will rely on automated monitoring processes to ensure clients are not overly concentrated in this volatile asset class, according to people familiar with the matter. The bank's global investment committee recently released a model that recommends setting an initial allocation of up to 4% to cryptocurrencies based on different goals, ranging from "wealth preservation" to "opportunistic growth." People familiar with the matter said that for now, financial advisors are still limited to recommending Bitcoin funds from BlackRock and Fidelity, but Morgan Stanley is monitoring industry trends and considering adding other cryptocurrencies to these products. They added that clients can also request to invest in any listed cryptocurrency exchange-traded product.
Market Opportunity
Notcoin Price(NOT)
$0.0003409
$0.0003409$0.0003409
USD
Notcoin (NOT) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Riot Sells 500 BTC for $34.87 Million
Riot Platforms has sold another 500 BTC worth approximately $34.87 million, bringing its total sales to 1,500 BTC—over $102 million—in just five days. Moves of
Share
Coinfomania2026/04/07 19:02
Edges higher ahead of BoC-Fed policy outcome
The post Edges higher ahead of BoC-Fed policy outcome appeared on BitcoinEthereumNews.com. USD/CAD gains marginally to near 1.3760 ahead of monetary policy announcements by the Fed and the BoC. Both the Fed and the BoC are expected to lower interest rates. USD/CAD forms a Head and Shoulder chart pattern. The USD/CAD pair ticks up to near 1.3760 during the late European session on Wednesday. The Loonie pair gains marginally ahead of monetary policy outcomes by the Bank of Canada (BoC) and the Federal Reserve (Fed) during New York trading hours. Both the BoC and the Fed are expected to cut interest rates amid mounting labor market conditions in their respective economies. Inflationary pressures in the Canadian economy have cooled down, emerging as another reason behind the BoC’s dovish expectations. However, the Fed is expected to start the monetary-easing campaign despite the United States (US) inflation remaining higher. Investors will closely monitor press conferences from both Fed Chair Jerome Powell and BoC Governor Tiff Macklem to get cues about whether there will be more interest rate cuts in the remainder of the year. According to analysts from Barclays, the Fed’s latest median projections for interest rates are likely to call for three interest rate cuts by 2025. Ahead of the Fed’s monetary policy, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, holds onto Tuesday’s losses near 96.60. USD/CAD forms a Head and Shoulder chart pattern, which indicates a bearish reversal. The neckline of the above-mentioned chart pattern is plotted near 1.3715. The near-term trend of the pair remains bearish as it stays below the 20-day Exponential Moving Average (EMA), which trades around 1.3800. The 14-day Relative Strength Index (RSI) slides to near 40.00. A fresh bearish momentum would emerge if the RSI falls below that level. Going forward, the asset could slide towards the round level of…
Share
BitcoinEthereumNews2025/09/18 01:23
Polymarket Expands Into Stocks and Commodities With Pyth-Powered Pricing
Polymarket launched daily equity and commodity markets powered by Pyth Network's real-time price feeds, expanding prediction trading into traditional finance. The
Share
Cryptonews AU2026/04/03 13:52
