The news wire Bloomberg says Morgan Stanley's Counterpoint Global investment unit is in the early stages of making a decision.
- Bloomberg cites unnamed sources, "people with knowledge of the matter".
- and adds "Moving ahead with investments would require approval by the firm and regulators."
- MS declined comment according to the report.
Added for clarity, 150bn is the size of the fund (at present), not the amount of BTCs they'll be buying! (I've corrected the headline to reflect - thanks to all who point out my shoddy headline.)
BTC update:
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Counterpoint group oversees about 19 funds. The group relies on concentrated investments.