TechFlow News: On May 4, according to CoinDesk, Amy Oldenburg, Head of Digital Asset Strategy at Morgan Stanley, stated at the Bitcoin Conference in Las Vegas that U.S. banks may hold bitcoin on their balance sheets in the future—but implementation timing remains uncertain due to guidance from the Federal Reserve, the Basel Accords, and global regulatory requirements.
Meanwhile, Morgan Stanley’s recently launched first bank-issued bitcoin ETP, MSBT, attracted over $100 million in inflows within its first six days of listing—all sourced exclusively from proprietary investment channels, with no access yet granted to financial advisors. Oldenburg noted that slow adoption by advisors stems primarily from an education gap; the bank has therefore initiated internal training programs to address this issue and is applying for a digital trust charter from the Office of the Comptroller of the Currency (OCC) to support direct custody of crypto assets and spot crypto trading services.
