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$RAVE
Pull up 10 more points! How many people will it explode...‼️
On April 12, Morgan Stanley's Head of Digital Asset Strategy, Amy Oldenburg, stated that the bank is weighing the next steps in its crypto roadmap, with tokenized money market funds being the "clear direction forward." Additionally, Morgan Stanley may explore tax-loss harvesting services for digital assets through its subsidiary Parametric, and research Bitcoin-based yield and lending services. Previously, Morgan Stanley submitted ETF applications for Ethereum and Solana in January, with a spot Bitcoin ETF fee ratio of 0.14%. The bank currently manages $9.3 trillion in client assets and has over 15,000 wealth advisors.