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Michael Geike reports that Morgan Stanley has taken a bold step by filing S-1 registration statements with the U.S. SEC to launch spot Bitcoin and Solana ETFs.
This move is significant given the firm's traditionally cautious approach towards the cryptocurrency sector.
Morgan Stanley’s foray into spot Bitcoin and Solana ETFs reflects a broader pattern of institutional experimentation with digital assets, building on regulatory shifts such as the CFTC's new pilot permitting Bitcoin as collateral in derivatives. This momentum also comes as trading innovation intensifies; recent scrutiny of Solana DEXs rivaling CEXs on execution for $1M SOL trades underscores the sector’s rapid evolution and growing mainstream acceptance.