Morgan Stanley Files SEC S-1 for $BTC Trust — Is Wall Street About to Pile In?

Morgan Stanley has taken another concrete step into crypto markets after filing a Form S-1 registration statement with the U.S. Securities and Exchange Commission on Jan. 6, positioning the bank to launch a spot bitcoin exchange-traded fund if approved. The proposed product, named the Morgan Stanley Bitcoin Trust, would track the price of bitcoin directly, marking a shift from distributing third-party crypto products to building in-house vehicles. Morgan Stanley Targets Simple, Price-Tracking Bitcoin ET ...