Morgan Stanley applies to launch Bitcoin and Solana ETFs, accelerating its expansion in the digital asset sector

BlockBeats News, January 6, according to Reuters, Wall Street investment banking giant Morgan Stanley has submitted documents to the U.S. Securities and Exchange Commission (SEC) applying to launch exchange-traded funds (ETFs) linked to the prices of crypto assets.

The documents show that Morgan Stanley plans to launch ETF products tracking the prices of bitcoin (BTC) and Solana (SOL). This move will further deepen the bank's presence in the crypto asset sector. Notably, this action comes two years after the SEC approved spot bitcoin ETFs, marking the continued expansion of traditional financial institutions into the digital asset market.