Morgan Stanley Registers Bitcoin and Solana Funds With SEC

Wall Street titan Morgan Stanley submitted registrations for spot Bitcoin and Solana exchange-traded products aboriginal Tuesday morning.

At the clip of writing, Bitcoin had gained astir 1% successful the past time and was changing hands for $94,187. Meanwhile, Solana had bumped up astir 6% to commercialized for astir $143.

"Morgan Stanley Bitcoin Trust and Morgan Stanley Solana Trust are pending regulatory support and would beryllium passive concern vehicles that question to way the show of the terms of the applicable cryptocurrency," the slope wrote successful a property release.

The S-1 forms don't yet database custodians oregon crypto counterparties, who the slope says volition negociate the U.S. dollar-to-BTC and -SOL conversions connected its behalf. The slope didn't instantly respond to a petition for remark from Decrypt.

The registration signifier describes the funds' interest structures, but doesn't yet specify what those fees volition be. Unlike immoderate of its competitors, the Morgan Stanley money is making usage of the bank's sanction without relying connected a associated task oregon white-label sponsor.

For example, the ARK 21Shares Bitcoin ETF is simply a associated task that uses Cathie Wood's Ark Invest concern steadfast for distribution, branding, and portfolio strategy, and 21Shares for the crypto infrastructure.

Bitcoin ETFs archetypal began trading successful January 2024. In the past mates days, BlackRock's iShares Bitcoin Trust has seen its biggest inflows successful the past 3 months arsenic the terms of Bitcoin surged from its vacation lull. Analysts person credited that to Bitcoin portfolio rebalancing portion organization investors priced successful 3 much years of Trump's "America First" policy.

Bitcoin Gains Momentum arsenic Traders Look for Confirmation

Bitcoin ETFs person grown to relationship for $119 cardinal worthy of assets nether management, with BlackRock's IBIT accounting for $72.8 cardinal worthy of holdings.

Solana ETFs are a newer cohort, aft the Bitwise's Solana ETF deed U.S. exchanges successful October 2025. It's since been joined by the VanEck Solana ETF, Fidelity Solana Fund, and Grayscale Solana Trust ETF.