Morgan Stanley's new fund attracted bitcoin $29.4 million for 14 days – Bits Media

Morgan Stanley, a major investment bank, recently launched two new bitcoin funds. For 14 days were invested in one of them $29.4 million, and the investment came from 322 clients.

By the number of clients, the fund immediately became one of the most popular in the industry, although the volume investment is not too impressive. So, Much more old Pantera Capital and Galaxy offers have the number of customers is much lower.

Morgan Stanley set rather tough restrictions: Clients must own a state of at least $2 million, to invest in bitcoin through the bank fund, Besides, They cannot invest more 2.5% From your condition.

The bank also established a preliminary commission in 3% when investing in the fund less than $250 000. Seems to be, This is quite happy with customers - the average investment was $91 000.

The FS Investments company is managed by the Foundation, And the cryptocurrency itself is stored in the Nydig service.

Previously, the financial director of Morgan Stanley Jonathan Pruzan (Jonathan Pruzan) stressed, that the bank is ready to offer its customers more cryptocurrency services, In case of interest in such products.