NYDIG and FS Investments Submit Applications for Morgan Stanley’s New Bitcoin Fund

A new SEC filing suggests that Morgan Stanley will offer a fourth bitcoin fund, according to The Block on June 16. New York Digital Investment Group (NYDIG) and FS Investments have filed applications for the new bitcoin fund. In March, Morgan Stanley reportedly became the first major U.S. bank to offer bitcoin exposure to its clients through three funds, one of which was jointly created by NYDIG and FS Investments.