On Tuesday, Morgan Stanley, one among Wall Avenue’s premier banking establishments, introduced that it has submitted preliminary filings for exchange-traded funds (ETFs) targeted on Bitcoin (BTC) and Solana (SOL).
These filings are actually awaiting approval from the US Securities and Trade Fee (SEC), which has just lately adopted a extra favorable stance towards cryptocurrencies below Chair Paul Atkins, appointed by President Trump final 12 months.
Morgan Stanley’s Newest Filings
Within the submitted submitting, Morgan 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 can be sponsored by Morgan Stanley Funding Administration Inc., in response to the filings.
This newest transfer by Morgan Stanley follows its resolution in October 2025 to empower its monetary advisers to supply crypto investments to shoppers throughout varied account sorts.
In a paper revealed by the financial institution’s International Funding Committee, a advice emerged suggesting that shoppers think about a most crypto allocation of 4%.
The committee characterised cryptocurrencies, significantly Bitcoin, as 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 big transfer towards increasing Morgan Stanley’s presence within the cryptocurrency business, which is broadly regarded by conventional monetary establishments as a monetary sector with super progress potential.
This growth comes two years after the Securities and Trade Fee approval of the primary US-listed spot Bitcoin alternate traded fund, propelling institutional curiosity in digital belongings.
The backdrop of rising regulatory readability below US President Donald Trump has additional inspired conventional finance corporations to diversify into digital belongings, 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 belongings, means that the approval course of for these new crypto ETFs might be beneficial and well timed.
Moreover, in December, the Workplace of the Comptroller of the Forex (OCC) granted banks the power to behave as intermediaries for cryptocurrency transactions. This regulatory shift suggests a narrowing divide between the standard monetary sector and the burgeoning world of digital belongings.
On the time of writing, Bitcoin has managed to carry onto the positive aspects seen on Monday, when it briefly surged in direction of a two-month excessive of $94,800. At the moment, the market’s main cryptocurrency is making an attempt to consolidate at $93,920.
Equally, Solana has climbed again above $142, marking a big 14% enhance over the previous seven days. Nonetheless, this nonetheless leaves the altcoin 51% beneath its all-time excessive of $293 reached final 12 months.
Featured picture from Reuters, chart from TradingView.com
Editorial Course of for bitcoinist is centered on delivering completely researched, correct, and unbiased content material. We uphold strict sourcing requirements, and every web page undergoes diligent overview by our workforce of high know-how specialists and seasoned editors. This course of ensures the integrity, relevance, and worth of our content material for our readers.