On Tuesday, Morgan Stanley, certainly one of Wall Avenue’s premier banking establishments, introduced that it has submitted preliminary filings for exchange-traded funds (ETFs) centered on Bitcoin (BTC) and Solana (SOL).
These filings at the moment are awaiting approval from the US Securities and Change Fee (SEC), which has not too long ago adopted a extra favorable stance in direction of cryptocurrencies underneath Chair Paul Atkins, appointed by President Trump final yr.
Morgan Stanley’s Newest Filings
Within the submitted filingMorgan Stanley outlined its plans for a Bitcoin Belief and a Solana Belief, every designed to carry the respective cryptocurrencies.
Notably, the Solana product will embrace an allocation for staking, a course of that allows holders to earn rewards by permitting their tokens for use to assist the blockchain community. These trusts will likely be sponsored by Morgan Stanley Funding Administration Inc., based on the filings.
This newest transfer by Morgan Stanley follows its choice in October 2025 to empower its monetary advisers to supply crypto investments to shoppers throughout numerous account varieties.
In a paper printed by the financial institution’s International Funding Committee, a suggestion emerged suggesting that shoppers contemplate a most crypto allocation of 4%.
The committee characterised cryptocurrencies, notably Bitcoinas a speculative but more and more common asset class, likening Bitcoin to a scarce useful resource akin to “digital gold.”
Rising Institutional Curiosity
The launch of the Bitcoin and Solana exchange-traded funds is a major transfer in direction of increasing Morgan Stanley’s presence within the cryptocurrency trade, which is broadly regarded by conventional monetary establishments as a monetary sector with large progress potential.
This growth comes two years after the Securities and Change Fee approval of the primary US-listed spot Bitcoin trade traded fund, propelling institutional curiosity in digital property.
The backdrop of rising regulatory readability underneath US President Donald Trump has additional inspired conventional finance firms to diversify into digital property, which have been beforehand seen primarily as speculative investments.
The latest appointment of Paul Atkins, a pro-crypto advocate, as head of the SEC, alongside the company’s latest regulatory strikes in direction of digital property, means that the approval course of for these new crypto ETFs might be favorable and well timed.
Moreover, in December, the Workplace of the Comptroller of the Forex (OCC) granted banks the flexibility to behave as intermediaries for cryptocurrency transactions. This regulatory shift suggests a narrowing divide between the traditional monetary sector and the burgeoning world of digital property.
On the time of writing, Bitcoin has managed to carry onto the beneficial properties seen on Monday, when it briefly surged in direction of a two-month excessive of $94,800. Presently, the market’s main cryptocurrency is trying to consolidate at $93,920.
Equally, Solana has climbed again above $142, marking a major 14% enhance over the previous seven days. Nonetheless, this nonetheless leaves the altcoin 51% under its all-time excessive of $293 reached final yr.
Featured picture from Reuters, chart from TradingView.com
Editorial Course of for bitcoinist is centered on delivering totally researched, correct, and unbiased content material. We uphold strict sourcing requirements, and every web page undergoes diligent overview by our staff of high know-how consultants and seasoned editors. This course of ensures the integrity, relevance, and worth of our content material for our readers.
