Morgan Stanley transferred 500 Bitcoins to an address this morning, suspected to be the first time transferring out BTC.

Golden Finance reports that, according to Arkham monitoring data, the Bitcoin exchange-traded fund MSBT under Morgan Stanley transferred 500 Bitcoins to an address “3E1CbH” eight hours ago, worth approximately $38.86 million.
This address was created one week ago and transferred the received BTC to another address “bc1q4m” after receiving it.
Monitoring data shows that this transaction appears to be Morgan Stanley’s first Bitcoin transfer, and its Bitcoin holdings marked address now holds 1,713 BTC, worth approximately $133.17 million.

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