Morgan Stanley’s $50.6M BTC buying shields market – But rally to $82K has THIS hurdle

The institutional demand around Bitcoin strengthened as Morgan Stanley expanded MSBT holdings while ETF inflows remained positive.

Reportedly, Morgan Stanley’s MSBT Bitcoin ETF received another 51.58 BTC, valued at around $4 million, from Coinbase Prime.

Notably, the latest transaction followed a series of transfers into the fund for the previous two weeks. Across these transfers, MSBT has now received a total of 641.87 BTC, worth roughly $50.6 million.

Therefore, Morgan Stanley’s persistent accumulation enhanced Bitcoin’s institutional demand narrative as its price consolidated after a rapid expansion.

Importantly, the transfers showed several additions across the two-week period, rather than reflecting a single large transaction. The pattern became particularly notable as Bitcoin remained beneath its recent $82,000 resistance.

Therefore, the institutional accumulation continued while Bitcoin consolidated, potentially supporting demand around its current price structure.

ETF inflows broaden the demand picture

Beyond Morgan Stanley, the broader Bitcoin spot ETF flows also remained positive during the most recent reporting period.

Specifically, Bitcoin spot ETFs registered $6 million in daily total net inflows, equivalent to roughly 78.39 BTC. Meanwhile, the cumulative net inflows reached nearly $55.63 billion, representing around 695,820 BTC tokens.