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Wall Street under pressure to give wealthy clients access to Bitcoin

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Morgan Stanley's plans to offer funds that will enable ownership of Bitcoin puts pressure on its competitors to go down a similar route. The company is the first major U.S. bank with plans to give its wealthiest clients exposure to cryptocurrencies.

Morgan Stanley has fired off the starting pistol in the race for Wall Street banks to offer wealth management clients access to Bitcoin. Morgan Stanley's offering is expected to put pressure on the bank’s competitors to follow suit and offer access to Bitcoin in a similar manner, according to expe

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