Morning Minute: Morgan Stanley Files for Bitcoin, ETH and Solana ETFs

Morning Minute is simply a regular newsletter written by Tyler Warner. The investigation and opinions expressed are his ain and bash not needfully bespeak those of Decrypt. Subscribe to the Morning Minute on Substack.

GM!

Today’s apical news:

• Crypto majors autumn for archetypal clip successful 2026; BTC astatine $92k

• Morgan Stanley files for BTC, ETH and SOL ETFs

• US Senate schedules cardinal ballot for crypto marketplace operation measure for adjacent week

• Hyperliquid releases advancement map, leads to speculation of adjacent airdrop

• Nike announced it has sold disconnected RTFKT; Clone X leap 250%

Wall Street isn’t conscionable dipping a toed anymore.

They’re diving successful headfirst.

Morgan Stanley filed paperwork with the SEC to motorboat spot Bitcoin and Solana ETFs yesterday, followed soon by a filing for an Ethereum ETF arsenic well, marking different large measurement by a top-tier Wall Street slope into regulated crypto products.

The filing comes arsenic crypto ETF request surged to commencement 2026.

Morgan Stanley Adds Ethereum Trust To Planned Crypto ETF Lineup

U.S. spot Bitcoin ETFs conscionable saw astir $697M successful nett inflows connected Monday, the largest single-day full since October, arsenic Bitcoin pushed backmost toward the low-to-mid $90Ks.

That pushed their 2-day full for 2026 to $1.16B.

The timing matters.

After a choppy Q4 marked by drawdowns and tax-related selling, institutions look to beryllium stepping backmost successful with size.

“Back successful October, Morgan Stanley dropped restrictions connected fiscal advisors recommending crypto ETFs…
Now launching their own.
Makes consciousness fixed Morgan’s monolithic distribution.
Clearly they were seeing meaningful request from clients for crypto ETFs.” - Nate Geraci, connected X

This is different quiescent but important displacement successful the crypto marketplace landscape.

The archetypal large US accepted slope has filed for an ETF.

That matters for 2 reasons:

First, distribution. ETFs are however existent wealth moves. RIAs, household offices, and organization allocators don’t rotation up crypto wallets or custody setups—they conscionable bargain the ETF.

Second, validation. When firms similar Morgan Stanley record products similar this, they’re signaling assurance that crypto vulnerability is nary longer a fringe petition from clients—it’s becoming array stakes.

Layer successful the biggest ETF inflow time successful months, and the connection is clear:
Institutions are moving into crypto, and the gait is accelerating.

It doesn’t mean prices spell consecutive up.

But it does suggest the level nether Bitcoin, and progressively different crypto majors similar ETH and Solana, is being reinforced by flows that thin to instrumentality around.