News linked to both this project and an event.
According to on-chain analyst Ember (@EmberCN), approximately 116 million ONDO tokens (valued at roughly $30.21 million) have been transferred from the Ondo Finance multisig wallet to Coinbase over the past ~six weeks. The transfer pattern shows a clear regularity: roughly 20 million ONDO tokens are transferred weekly from the multisig wallet to another multisig address, followed by multiple smaller transfers to Coinbase within several days.
According to CoinDesk, Morgan Stanley’s spot Bitcoin ETF, the “Morgan Stanley Bitcoin Trust,” saw active trading on its first day, with over 1.6 million shares traded and approximately $34 million in net inflows. Coinbase serves as the cold-storage custodian for the fund, while BNY Mellon handles cash management, administrative, and transfer functions. The fund’s expense ratio is 0.14%.