📰 Crypto Digest

Morgan Stanley Names Coinbase, BNY Mellon for Bitcoin ETF Custody

Bank-style ETF custody expands, cross-chain BTC routing debuts, Big Four attestation strengthens USAT, spot ETF inflows resume, and Korea weighs shareholding caps.

Morgan Stanley Names Coinbase, BNY Mellon for Bitcoin ETF Custody
Photo of Traxer on Unsplash — illustration


Press review for 05 mars 2026 – editorial selection
Last updated: 07:18

Daily News Summary: Morgan Stanley selects Coinbase and BNY Mellon for Bitcoin ETF custody; Threshold launches a unified cross-chain BTC liquidity app; Deloitte attests USAT reserves; spot BTC ETF inflows regain pace; and Korea considers caps on exchange ownership.

🏦 Morgan Stanley selects Coinbase and BNY Mellon for Bitcoin ETF custody

  • Coinbase Custody Trust Company and BNY Mellon named as custodians for Morgan Stanley's Bitcoin ETF.
  • BNY Mellon will also serve as administrator, transfer agent, and cash custodian.
  • The ETF is planned to hold Bitcoin directly, not via derivatives.
  • The filing with the SEC signals Morgan Stanley's Bitcoin ETF plans as part of its long-term roadmap.
Sources
bitcoinmagazine.com
Morgan Stanley Will Use Coinbase and BNY to Power Its New Bitcoin ETF bitcoinmagazine.com

⚙️ Threshold launches all-in-one Bitcoin liquidity app

  • Threshold Network released an all-in-one Unified Bitcoin App for routing BTC across chains via a single interface.
  • The app coordinates minting, redeeming, bridging, tracking, and native BTC swaps.
  • It enables cross-chain movement across Ethereum, Arbitrum, Base, Sui, StarkNet, and more.
  • The interface consolidates multi-step BTC liquidity operations under one workflow.
Sources
hackernoon.com
Threshold Launches All-in-One Bitcoin Liquidity App hackernoon.com

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🏛 Deloitte attestation on USAT reserve report; USDT remains unproven

  • Deloitte issued an Independent Accountant’s Report on Anchorage Digital Bank’s USAT Reserve Report.
  • The engagement is not a full audit of USDT; USAT reserves show $17.6 million assets vs $17.5 million liabilities, with a $103,325 surplus.
  • Assets include cash and reverse repurchase agreements collateralized by US Treasuries.
  • The report is a point-in-time examination of USAT reserves and does not evaluate broader USDT reserves or operating controls.
Sources
cryptoslate.com
Tether Deloitte USAT Reserve Report cryptoslate.com

💰 Institutional investors flow into spot BTC ETFs as inflows surge

  • Spot Bitcoin ETF inflows totaled about $1.7 billion over the past five trading days.
  • Daily inflows were $225 million on March 3 and $458 million the day before.
  • Flows indicate growing institutional demand for spot Bitcoin exposure.
  • The article notes ETF inflows as a signal of institutional interest.
Sources
coindesk.com
Institutional investors may be buying the dip as traders pour USD1.7 billion into spot bitcoin ETFs coindesk.com

🏛 South Korea moves to cap crypto exchange shareholder stakes at 20%: Report

  • South Korea's government and ruling party reportedly propose capping major shareholder stakes in crypto exchanges at 20%.
  • Limited exemptions are contemplated for new operators.
  • The measure is described as part of broader crypto regulation.
  • The report discusses potential regulatory implications for exchange ownership structures.
Sources
cointelegraph.com
South Korea moves to cap crypto exchange shareholder stakes at 20%: Report cointelegraph.com

Review based on an editorial selection of reliable press sources.

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