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The demand for Bitcoin is likely to grow rapidly as Morgan Stanley mobilizes its 16,000 advisors and launches an affordable ETF, leading to an influx of institutional investments and strengthening the position of cryptocurrencies in major investors' portfolios. Key takeaways:
16,000 Morgan Stanley advisors reveal enormous demand potential for Bitcoin, driving a strong influx of new funds.
Morgan Stanley launched an ETF with a 14 basis point fee, prompting aggressive fee reductions among issuers.
Bitcoin is gaining trust through the issuance of Morgan Stanley funds, accelerating its adoption by institutional investors.