Morgan Stanley Applies to Launch Bitcoin and Solana ETFs, Accelerating Digital Asset Strategy
Morgan Stanley has filed with the SEC to launch exchange-traded funds (ETFs) linked to the prices of Bitcoin and Solana, further deepening its presence in the digital asset space, reflecting traditional financial institutions' ongoing interest in the digital asset market.
According to BlockBeats, on January 6, Reuters reported that Wall Street investment banking giant Morgan Stanley has submitted documents to the U.S. Securities and Exchange Commission (SEC) to launch ETFs tied to the prices of cryptocurrencies.
The documents show that Morgan Stanley plans to launch ETF products tracking the prices of Bitcoin (BTC) and Solana (SOL). This move will further strengthen the firm's position in the crypto asset sector. Notably, this action comes after the SEC approved a spot Bitcoin ETF two years ago, marking a continued push by traditional financial institutions into the digital asset market.
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Morgan Stanley Applies to Launch Bitcoin and Solana ETFs, Accelerating Digital Asset Strategy
Morgan Stanley has filed with the SEC to launch exchange-traded funds (ETFs) linked to the prices of Bitcoin and Solana, further deepening its presence in the digital asset space, reflecting traditional financial institutions' ongoing interest in the digital asset market.
According to BlockBeats, on January 6, Reuters reported that Wall Street investment banking giant Morgan Stanley has submitted documents to the U.S. Securities and Exchange Commission (SEC) to launch ETFs tied to the prices of cryptocurrencies.
The documents show that Morgan Stanley plans to launch ETF products tracking the prices of Bitcoin (BTC) and Solana (SOL). This move will further strengthen the firm's position in the crypto asset sector. Notably, this action comes after the SEC approved a spot Bitcoin ETF two years ago, marking a continued push by traditional financial institutions into the digital asset market.