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Addresses Labeled as MSBT Bitcoin ETF Withdraw 1,146 BTC Worth About $96.4 Million
Two addresses labeled as belonging to Morgan Stanley’s MSBT Bitcoin ETF made the withdrawals from Coinbase Prime within 24 hours.
Mentioned assets
Addresses labeled as belonging to Morgan Stanley’s MSBT Bitcoin ETF withdrew approximately 1,146.118 Bitcoin (BTC) from Coinbase Prime in two transactions over a 24-hour period, with the transfers valued at about $96.4 million.
The withdrawals represent another sizable accumulation linked to the investment vehicle. The transfers came from Coinbase Prime.
The addresses involved were identified as associated with MSBT, Morgan Stanley’s Bitcoin ETF.
The transfers were completed in two withdrawals within the 24-hour period ending Sept. 24.
