Morgan Stanley Enters the Crypto ETF Race

[johnblockbuster]

Institutional momentum continued as Morgan Stanley filed with the SEC to launch Bitcoin and Solana ETFs. The proposed Morgan Stanley Bitcoin Trust will track Bitcoin’s spot price without leverage or derivatives, placing the firm alongside ETF heavyweights like BlackRock and Fidelity.

Balchunas called the move “smart,” noting that Morgan Stanley already oversees roughly $8 trillion in advisory assets. With advisers approved to allocate to crypto ETFs, launching an in-house product allows the firm to keep exposure under its own brand rather than funneling demand to competitors.

[lingriiddd]

morgan stanley launching their own etf instead of feeding blackrock is peak wall street logic