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Daniel Kuhn

Morgan Stanley's updated S-1 names Coinbase and BNY Mellon as custodians for bitcoin ETP

On Tuesday, Morgan Stanley submitted an amended S-1 to the SEC for its proposed bitcoin exchange-traded product, designating Coinbase Custody and Bank of New York Mellon as fund custodians. The filing also assigns BNY Mellon several administrative roles and appoints Coinbase as prime broker, as the trust aims to mirror the spot price of bitcoin.
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