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

BTC1,55%
SOL2,86%

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) to apply for the launch of a cryptocurrency asset-linked exchange-traded fund (ETF).

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 firm’s presence in the cryptocurrency asset space. Notably, this action comes two years after the SEC approved a spot Bitcoin ETF, marking continued efforts by traditional financial institutions to expand into the digital asset market.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments