Morgan Stanley: Crypto Adoption Remains Slow Despite Institutional Interest

A recent Morgan Stanley survey highlights the ongoing slow adoption of cryptocurrency, despite significant growth in institutional investment. The research reveals a concerning lack of ownership among both finance interns and potential investors. Only 18% of finance interns hold cryptocurrencies, with 82% remaining unacquainted with digital assets, despite growing interest from institutions. Tom Lee, Chairman at BitMine Immersion Technologies, highlights that market penetration remains low, suggesting challenges to mainstream acceptance even as institutional inflows into ETFs continue to rise. The report reveals a disconnect between increased investment and educational gaps within the industry, requiring firms to re-evaluate their engagement strategies for the next generation of financial leaders.