Morgan Stanley Clients Can Now Lend Bitcoin for ETP Shares

That's already 9 words. Good.

Para 1 rewrite: Morgan Stanley Wealth Management has partnered with Galaxy Digital on a referral program letting eligible clients lend cryptocurrency in exchange for shares of spot crypto ETPs, including the Morgan Stanley Bitcoin Trust. The setup is designed to help clients slot digital assets into traditional investment portfolios without, presumably, explaining the assets to their accountant twice. Under the arrangement, Morgan Stanley will educate clients on digital assets and connect interested investors with Galaxy. The program offers a regulated path for converting crypto holdings into investment products that can sit alongside other portfolio holdings.

Hmm, the "explaining to accountant twice" is a bit forced. Let me try something drier.

Morgan Stanley Wealth Management has partnered with Galaxy Digital on a referral program letting eligible clients lend cryptocurrency in exchange for shares of spot crypto ETPs, including the Morgan Stanley Bitcoin Trust. The setup is meant to help clients fold digital assets into traditional investment portfolios without resorting to offshore tricks. Under the arrangement, Morgan Stanley will educate clients on digital assets and steer interested investors to Galaxy. The program offers a regulated path for turning crypto holdings into investment products that can sit alongside other portfolio holdings.

Still a bit forced. Let me keep it cleaner:

Morgan Stanley Wealth Management has teamed up with Galaxy Digital on a referral program that lets eligible clients lend cryptocurrency in exchange for shares of spot crypto ETPs, including the Morgan Stanley Bitcoin Trust. The arrangement is designed to help