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Morgan Stanley Europe Opportunity Fund Explores Bitcoin Investment via Cayman Subsidiary

Morgan Stanley’s Europe Opportunity Fund, with assets under management (AUM) totaling $140 million, is considering a new investment strategy that could involve allocating up to 25% of its total assets to its wholly-owned subsidiary, the Europe Opportunity Cayman Portfolio, Ltd. This subsidiary, established under the laws of the Cayman Islands, may participate in indirect Bitcoin investments. The proposed investment methods include using cash-settled futures, which allows investment in Bitcoin’s price movements, or investing in the Grayscale Bitcoin Trust (GBTC), a privately offered investment vehicle focusing on Bitcoin.