Today in crypto, Morgan Stanley reported larger crypto fund positions in the second quarter, while Neutrl suspended minting and redemptions for its NUSD synthetic dollar. Elsewhere, the CFTC moved to explore cryptocurrency regulation as the CLARITY Act remains stalled in Congress.Morgan Stanley’s BlackRock Bitcoin ETF holdings rise 23% in Q2US investment banking giant Morgan Stanley reported larger crypto fund positions in the second quarter, led by an increase of more than 3 million shares in BlackRock’s Bitcoin exchange-traded fund (ETF).Morgan Stanley’s reported holdings in BlackRock’s iShares Bitcoin Trust ETF (IBIT) increased by 23% to around 16.5 million shares from 13.4 million, according to its Q2 13F filing with the US Securities and Exchange Commission on Thursday.Morgan Stanley also reported 2.57 million shares of its own Morgan Stanley Bitcoin Trust (MSBT), worth about $43.3 million. The product began trading in April.The filing showed increases across several direct crypto fund positions in Q2, even as reported holdings declined in Coinbase and some other crypto-linked companies.Neutrl pauses NUSD redemptions over undisclosed reserve issue Decentralized finance (DeFi) ...
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