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Morgan Stanley officially files the S-1 registration statement to launch a Bitcoin trust product. This product is designed similarly to a spot ETF and primarily targets high-net-worth clients. This move marks another step of traditional financial giants deepening their exploration into the crypto asset space and is expected to provide more convenient Bitcoin exposure for institutional investors. Market analysts generally believe that the entry of well-known investment banks often signals increased market maturity and may further promote the improvement of relevant regulatory frameworks.
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