I think it's going to remain in its clutchy form ! Noro is too fragile to make a proper handle and I have some fake suede for the lining, but it wouldn't look so good as a handle. Besides, I like it as it is.
Regarding the handle....if you ever decide you want to knit a handle....here is what I do to make handles when using Noro:
I knit an i-cord the length I want and then thread 3-4 lengths of worsted weight through the center of the icord handle.
I eat the use of the Noro for that pile of flesh....! I eat the blue colorway....do you remember what color # it was?