Morgan Stanley files for Ether trust after Bitcoin and Solana ETF push
|- Morgan Stanley has filed a registration statement with the SEC for an Ethereum Trust.
- The filing comes days after the bank submitted paperwork for spot bitcoin and solana ETFs, as crypto ETFs have rapidly expanded in the US over the past two years.
- Morgan Stanley began offering crypto access to clients in October through its wealth management arm, reflecting growing institutional adoption of digital assets.
Morgan Stanley (MS) has taken another step deeper into the crypto, filing a registration statement for an Ethereum Trust, according to a filing with the U.S Securities and Exchange Commission (SEC) on Tuesday.
The move follows filings submitted Tuesday for spot Bitcoin and Solana exchange-traded funds (ETFs), which followed a rapid expansion of crypto ETFs in the U.S. over the past two years.
Morgan Stanley’s expanding route into crypto demonstrates a broader trend among traditional financial (TradFi) institutions, which are increasingly seeking to offer digital asset products through familiar, regulated vehicles.
The bank opened crypto access to its clients in October via its wealth management arm.
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