Morgan Stanley Targets Crypto With Bitcoin, Solana ETFs Pending SEC Review
Morgan Stanley filed preliminary documents Tuesday for exchange-traded funds holding Bitcoin and Solana, marking the Wall Street bank’s direct entry into digital asset investment products.
What Happened: Wall Street Bank Goes Crypto
Morgan Stanley Investment Management Inc. will sponsor both a Bitcoin Trust and a Solana Trust, according to the preliminary filings submitted to the SEC. The Solana product includes provisions for staking, a mechanism that allows token holders to earn rewards by supporting network operations.
The bank’s decision follows its October 2025 authorization allowing financial advisers to offer crypto investments to clients.
Both filings await approval from the Securities and Exchange Commission, which has shifted…
