BlockBeats news, March 21, Strategy CEO Phong Le posted on platform X stating that Morgan Stanley’s wealth business manages approximately $8 trillion in assets, with a recommended Bitcoin allocation range of 0–4%. Assuming a 2% allocation, this would imply around $160 billion in potential buying pressure for the crypto market, a scale three times larger than the current size of BlackRock’s Bitcoin exchange-traded fund IBIT.
Phong Le described this potential demand as “Monster Bitcoin,” meaning the Bitcoin market is poised for massive buying pressure, which could significantly impact price and liquidity.
