Morgan Stanley’s decision to offer indirect exposure further demonstrates traditional investment firm’s eagerness to enter the cryptomarket, despite ongoing SEC restrictions.

  • Morgan Stanley announced previously that it would offer bitcoin and other digital assets to clients with $2M in AUM.
  • Some of the exposure mechanisms outlined in the filing include exposure via cash-settled futures or Grayscale’s Bitcoin Trust.
  • Investments with Grayscale BTC trust (GBTC) allocation will receive reportedly receive tax treatment as if it were a direct bitcoin investment.
  • The filing considers these funds to be alternative hedging instruments to commodity-linked instruments or bonds.

--

--

Edward Hopper’s paintings have defined our idea of the modern urban world. In sites of everyday drama, be it a cafe, an apartment or shop front, he offers tantalising visions of closed-off lives.

Edward Hopper, Night Windows, 1928

Attending to private affairs in her apartment, the anonymous woman in Night Windows is unaware of any viewer’s gaze. The painting exposes the voyeuristic opportunities of the modern city, and the contradiction it offers between access to the intimate lives of strangers and urban loneliness and isolation. The city at night is a frequent subject in Hopper’s work of the late 1920s and early ’30s. Here, the composition of three windows allows for a dramatic setting of illuminated interior against dark night, a juxtaposition the artist identified as “a common visual sensation.”

--

--

Benjamin Júnior

Benjamin Júnior

VC Investor • Fund Manager • Tech/Business Advisor • Blockchain enthusiast • Determined dreamer • Food evangelist • Life enthusiast