CNBC reported, Morgan Stanley to become the first big U.S. bank to offer its wealthy clients with access to bitcoin funds.

The investment bank has reportedly told financial advisors on Wednesday in an internal memo that they are launching access to three funds which will make possible ownership of bitcoin.  This information reportedly is from people who have direct knowledge of the matter.

Of note, “Two of the funds on offer are from Galaxy Digital, a crypto firm founded by Mike Novogratz, while the third is a joint effort from asset manager FS Investments and bitcoin company NYDIG.”

It is important to note that Morgan Stanley is only permitting its wealthier clients with access to the volatile asset.  Also, the bank considers that it is suitable for people with “an aggressive risk tolerance.” It requires people to have at least $2 million in assets to be held by the firm. Also, the investment firms needs at least $5 million at the bank to qualify for the new stakes.

Meanwhile, on the other side of the Bitcoin community Dan Held, has spoken about how to self-custody your Bitcoin “1. Buy a hardware wallet -(Simple) Trezor: (Better, but more complicated) Coldcard: 2. Store your backup on titanium 3. Transfer your BTC.”

Dan previously mentioned I often get asked, “ Can governments kill Bitcoin.” And, he has also given an elaborate answer to this already.

Meanwhile Zoltan A. Baranyai stated, trying to ban Bitcoin will increase it’s visibility. This is commonly called the ‘Streisand effect’, that occurs when an attempt to hide, remove, or censor information has the unintended consequence of further publicizing that information.

Those who are still negative about Bitcoin have to state that if BTC was as great as it is that it would not require as many pumpers.

Well, in reality, the best recipe needs to be served to be consumed.  It takes a lot of let know to ensure a new idea reaches people. Though bitcoin is young, it is important for investors to not infantilize it.  It is market ready and performing already and this is one reason for why big institutions are already in the game and major banks are beginning to permit their wealthier clients to use it.

Some feel that Bitcoin is still a preteen has a lot to grow, but the practical logic is that those who adopt before BTC is fully grown will benefit when it matures.