Morgan Stanley exec says crypto ETF adoption still ‘very early’ as advisors weigh allocations

🤖 AI Summary

Morgan Stanley's Amy Oldenburg stated that most demand for crypto ETFs at major brokerages is still coming from self-directed investors.

This indicates that institutional investors and advisors are still carefully weighing allocations to crypto ETFs.

Widespread adoption of crypto ETFs remains in its early stages, suggesting that more time is needed for broader institutional participation.