Only 18% of Morgan Stanley interns hold crypto
A new Morgan Stanley Intern Survey reveals that just 18% of respondents currently hold crypto assets, underscoring the limited adoption of digital assets even among the next generation of financial professionals. Although the number is up from 13% last year, the majority of interns remain cautious. (CoinDesk)
Lack of interest dominates
According to the survey, 55% of interns said they are not interested in cryptocurrencies at all, while 26% expressed some interest but without actual exposure. This imbalance highlights how crypto adoption, even in the heart of Wall Street’s talent pipeline, is still in its early phases. (Ainvest)
Tom Lee: “We are still early”
Commenting on the data, Tom Lee of Fundstrat argued that the low adoption is actually a bullish signal. He compared the current state of Bitcoin to the internet in 1996, suggesting that institutional and mainstream adoption are still in their infancy. Lee warned that investors remain “dangerously underexposed” to Bitcoin and crypto overall. (DailyHodl)
Why it matters
For investors, the survey shows that crypto is far from reaching saturation, even among a demographic closely tied to finance. If adoption expands in coming years, the upside potential remains significant. As Tom Lee emphasized, being early in the cycle is an advantage, and the survey confirms that the majority of new financial entrants have yet to make their first move into crypto.
