As promised, We’re back with out second edition of field notes focusing on Crypto, Macro & AI.
1) The notes were getting too long
2) This way, we can dive deeper into each category
We'd love to know if this new format works for you 👇
Today we will cover what we missed last week:
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Traders across the U.S. and EU can now buy Bitcoin, Ethereum, Solana, and hundreds of cryptocurrencies using their PayPal account, powered by MoonPay.
Morgan Stanley now allows its army of 15,000 wealth advisors to pitch Bitcoin ETFs to some clients – a first for a big bank.
Why it matters: The train is leaving the station. US wealth advisors manage nearly $30T. Morgan Stanley is one of the pre-eminent wealth management firms globally with $1.5 trillion in assets.
Zooming out: It took Morgan Stanley more than 10 years to get to this point.
In March 2014, they held a microfinance bitcoin event at its New York headquarters, when CEO James Gorman said the virtual currency is "totally surreal".
Morgan Stanley responded to inquiries and "demands from clients".
