Phil Bak: Advisors consider unorthodox actions such as buying a Bitcoin ETF with approval

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07.04.2026

Phil Bak: Advisors consider unorthodox actions such as buying a Bitcoin ETF with approval — Advisors push limits with Bitcoin ETF

Phil Bak commented humorously on how some Morgan Stanley advisors might experience a sense of rebellion by making small changes to their routines. According to Bak, these actions could include wearing dress shirts without cufflinks, loosening ties after 5:00 pm, or buying a Bitcoin ETF—but only with permission.

The tweet highlights a lighthearted perspective on traditional advisor practices and the evolving acceptance of Bitcoin ETFs in finance.

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The tweet was deleted by the author.

But we saved everything 🙂.

Bak has previously commented on industry shifts, drawing parallels between tokenization’s impact on capital and the internet’s effect on information. He has also questioned whether quantum computing risks could affect Bitcoin and traditional accounts. His statements often address the intersection of technology and finance.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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