Wu Blockchain has learned that Morgan Stanley submitted the second amended S-1 filing for its Bitcoin ETF application to the U.S. Securities and Exchange Commission, confirming that the Morgan Stanley Bitcoin Trust will be listed on NYSE Arca under the ticker “MSBT.” The filing disclosed that each basket will consist of 10,000 shares, with an initial seed amount of 50,000 shares, aiming to raise approximately $1 million. Previously, it was revealed that BNY Mellon and Coinbase would serve as the Bitcoin custodian and handle related functions, respectively. This amendment indicates progress in the application process but does not guarantee approval. If approved, Morgan Stanley could become the first major U.S. bank to directly issue a spot Bitcoin ETF. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=58381