Here are the key points about Morgan Stanley's Bitcoin ETF holdings :

- *Over $270 million invested*: Morgan Stanley has invested over $270 million in Bitcoin ETFs.
- *Holdings disclosed*: The bank disclosed its exposure in recent filings with the SEC in Grayscale Bitcoin Trust (GBTC) and ARK 21Shares Bitcoin ETF (ARKB).
- *Top 20 ETF investors*: Morgan Stanley holds 31,712 shares in ARKB, placing it among the top 20 ETF investors.
- *Third-largest holder of GBTC*: The bank has invested $269 million in GBTC, making it the third-largest holder.
- *Institutional ownership growing*: Morgan Stanley is among many institutional investors declaring U.S. spot Bitcoin ETFs in their first-quarter 13F filings.

Morgan Stanley's investment in Bitcoin ETFs indicates a growing trend of institutional ownership in the cryptocurrency market, which could potentially lead to increased adoption and mainstream recognition.