Morgan Stanley just filed for two crypto ETFs, but one massive omission sends a brutal signal
Morgan Stanley, the $1.8 trillion banking giant, has applied to launch two exchange-traded funds (ETFs) tracking the prices of Bitcoin and Solana with the US Securities and Exchange Commission (SEC).
The filings mark a watershed moment for the Wall Street giant, pushing one of the world’s most recognizable banking brands deeper into the crypto ecosystem.
Matt Hougan, the Chief Investment Officer at Bitwise, observed that while the bank currently oversees a roster of 20 ETFs, the vast majority operate under its subsidiary brands, such as Calvert, Parametric, or Eaton Vance.
Consequently, the proposed Bitcoin and Solana funds would mark only the third and fourth instances of ETFs bearing the parent “Morgan Stanley” nameplate.
With that in…
