NYDIG, FS Investments file for new Morgan Stanley-focused bitcoin fund
June 15, 2021, 5:33PM EDT
1 min read
In March, Morgan Stanley became the first big American bank to offer its clients exposure to bitcoin through a trio of funds, one of which was jointly created by NYDIG and FS Investments.
A new filing from the Securities and Exchange Commission (SEC) indicates that a fourth fund will be made available.
Sales connected to the FS NYDIG Institutional Bitcoin Fund LP have yet to take place, per the June 15 document, described as a new notice. The filing notes that Morgan Stanley "will receive certain placement and servicing fees with respects to clients it refers to the issuer, as disclosed to the applicable clients."
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