BlockBeats News: On 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 exchange-traded funds (ETFs) linked to cryptocurrency asset prices.
The filing shows 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 layout in the cryptocurrency asset sector. Notably, this action comes two years after the SEC approved spot Bitcoin ETFs, marking continued efforts by traditional financial institutions to increase their stakes in the digital asset market.
