Will MS' Move Into Crypto ETFs Provide Competitive Advantage?

Key Takeaways MS filed with the SEC to launch Bitcoin and Solana trusts offering spot price exposure without owning tokens.Morgan Stanley's ETFs would track spot prices net of fees, avoid leverage and keep fee income.MS aims to leverage its wealth platform as rivals Goldman Sachs and JPMorgan expand crypto capabilities.As crypto exchange-traded funds (ETFs) become an increasingly important focus for banks, given the rise in investor demand for regulated digital-asset exposure, Morgan Stanley (MS) has filed ...