Investors do not have to sell their crypto for cash to buy the exchange-traded products (ETPs), which avoids trigger-happy capital gains taxes.
Morgan Stanley Wealth Management and Galaxy Digital have launched a referral partnership in which investors can lend their digital assets and receive shares of regulated exchange-traded products (ETPs). The arrangement enables clients to lend assets such as Bitcoin, Ether and Solana ETPs such as the Morgan Stanley Bitcoin Trust will facilitate the movement of crypto holdings into traditional investment structures. The firm explained that the arrangement enables clients to lend a