Morgan Stanley to offer Bitcoin to clients, Ethereum and XRP hold steady, ready for gains

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Morgan Stanley to offer Bitcoin to clients, Ethereum and XRP hold steady, ready for gains
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Morgan Stanley advisors, controlling $1.3T in wealth, can offer BTC ETFs to their clients starting today.

Morgan Stanley advisors are ready to offer Bitcoin Spot ETF to their clients starting Wednesday, August 7. Bitcoin makes a comeback above $57,000, Ether gears for recovery to $3,000 and XRP gains ground above support at $0.50. Ethereum worth $2 billion from dormant wallet addresses is now on the move, per on-chain data. Bitcoin , Ethereum , XRP updates Bitcoin trades above $57,000 early on Wednesday, as Morgan Stanley advisors gear up to offer BTC Spot Exchange Traded Fund to their clients.

Ethereum remains the king of DeFi, holding about 70% of the market share. ➭ Noteworthy DeFi Movements: ・ TON: Attracted enough users to become the 10th largest chain by TVL, thanks to tap-to-earn… pic.twitter.com/Kc4K6iYdMh — Our Crypto Talk August 7, 2024 Bitcoin funding rates have turned negative and this reflects a bearish sentiment, there is a dominance of short sellers in the asset.

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