Morgan Stanley Files for BTC and SOL Fund ETFs, Boosting Institutional Interest
Morgan Stanley has filed with the SEC to launch Bitcoin and Solana ETF funds, signaling a growing institutional interest in cryptocurrencies.
Morgan Stanley Files for BTC and SOL Fund ETFs
Morgan Stanley, a prominent player in the banking sector, has taken a significant step by submitting filings to the U.S. Securities and Exchange Commission (SEC) for exchange-traded funds (ETFs) centered on Bitcoin (BTC) and Solana (SOL).
This move comes nearly two years after the first spot Bitcoin ETF was launched in the United States, and it is expected to heighten competition in the cryptocurrency market. The banking giant has a well-documented history of supporting Bitcoin and has been ahead of the curve as the digital asset landscape transforms.
Previously, a report by Reuters revealed that many U.S. banks have shifted their stance on cryptocurrencies, especially after former President Trump’s pro-crypto rhetoric post-election. This change has fostered a more welcoming regulatory environment, allowing traditional financial institutions to venture into the crypto space.
Morgan Stanley, alongside institutions like BNY Mellon, has consistently acknowledged the potential of Bitcoin and a handful of alternative cryptocurrencies. Furthermore, the bank established an early foothold in digital assets through its investments in Grayscale’s Bitcoin Trust before the anticipated ETF launch set for January 2024. Executives at Morgan Stanley have expressed optimism regarding Bitcoin’s future, with some projecting its potential as a global reserve currency.
As for Solana, recent data from SoSoValue indicates the Solana ETFs have garnered nearly $800 million in net inflows since their inception in mid-2025, while BTC spot ETFs have emerged as the dominant choice, collecting approximately $58 billion since January 2024.
