Arkham Flags Morgan Stanley Bitcoin ETF Wallet Holding $904M in BTC

Attributing a specific on-chain address to a bank-sponsored ETF matters because it turns a fund's bitcoin exposure into a publicly trackable position, narrowing the information gap between crypto-native observers and traditional fund disclosures. The claim rests on Arkham's own identification, so the open question is whether that attribution holds up under independent verification, and whether other issuers' wallets get mapped the same way. Watch whether address-level transparency becomes a standard expectation for these vehicles.