Bitcoin has been hovering at $77,000, while Morgan Stanley’s institutional clients are heavily buying the currency through ETFs. BTC’s chart has remained stable at $77,000 this month with few dips. This is why the world’s largest cryptocurrency, measured by its market capital, has maintained its current level.
According to the latest data from SoSoValueMorgan Stanley Bitcoin Trust has been buying BTC in a frenzy, amassing roughly $62.2 Million worth this month. In the past 20 days, MSBT purchased BTC ETF eleven times. Last purchase made on September 11, 2026, was $3.76m. The market is closely following the accumulation spree as global investment banks remain bullish in the cryptocurrency.
Morgan Stanley Bitcoin Trust has approximately $610.13 million net assets. No outflows have been recorded by the Morgan Stanley Bitcoin Trust, despite the fact that the bank has purchased BTC for 11 of the last 20 days. ETFs only saw an increase in investment, as the giant banking company did not sell. Retail investors can now be confident that the banking giants are in it for long-term success. BTC hovered around $75,000-$78,000 in September, and the chart has not moved.
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Clarity Act Will Decide Bitcoin’s Trading Direction
Morgan Stanley may be able to make money on its investment if oil prices fall. Clarity Act is also being presented to the Senate with major amendments on the final text of the bill. As Senators vote, the cryptocurrency market may become volatile. Today, it is best to be cautious as increased volatility may affect your investment. The best thing to do is closely follow the BTC market before deciding whether or not you want to take a position this week.
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Source: watcher.guru
