The banking giant has been a long-time supporter of BTC.
It’s been almost two years since the first Bitcoin spot ETF launched in the United States, and the field could soon become even more competitive with the entry of Morgan Stanley.
The banking giant has filed an application with the United States Securities and Exchange Commission to launch exchange-traded funds that track the performance of BTC and also Solana’s SOL.
The Reuters report indicated that most US banks have completely changed their views on the digital asset industry since Donald Trump won the presidential election last year and made countless statements in favor of cryptocurrencies.
The overall regulatory landscape is now completely different in the US, which has opened the doors for more traditional participants to join the cryptocurrency industry. Cryptocurrency spot ETFs have been spectacularly successful for the most part and seem like the most suitable entry route for certain investors.
Morgan Stanley has a long history in the digital asset industry, most of which has been positive. Along with BNY Mellon, it has been one of the few US banks to openly embrace bitcoin and some altcoins over the years.
Even before the ETF launched in January 2024, it had exposure to BTC through Grayscale’s GBTC trust. Some of its executives have made numerous bullish comments, including a prediction that bitcoin could one day become a global reserve currency.
SoSoValue data reveals that Solana ETFs have attracted nearly $800 million in net inflows since going live in mid-2025. Bitcoin spot ETFs are the clear leader, with nearly $58 billion in total net inflows since January 2024.
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