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Guavy AI Editorial TeamSentiment: 2Clout: 45

Morgan Stanley Sees Early Stage Adoption of Crypto Funds

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The professional adoption of crypto funds remains in its early stages according to Amy Oldenburg, Head of Digital Asset Strategy at Morgan Stanley.

Data from the company's platform reveals that 80% of trading activity comes from retail investors making self-directed investments. This contrasts with accounts managed by financial advisors, which account for a smaller portion of overall trading.

Morgan Stanley has been gradually increasing its exposure to digital assets, having offered bitcoin ETFs in brokerage accounts since August 2024. The company is now considering adding new products such as ethereum or solana to their platform, with Oldenburg describing the process as 'a very managed and incremental journey.'