Morgan Stanley Files for Spot Ethereum ETFs as TradFi Deepens Crypto Exposure

ETHEREUM DECADE, TOM LEE BITCOIN,. Photo by BeInCrypto Morgan Stanley filed for spot Ethereum exchange-traded funds (ETFs) on Wednesday, becoming the latest American bank to do so. The move is designed to track ETH’s price while passing staking rewards through to shareholders. The news comes just days after Bank of America also expanded client access to crypto amid rising institutional demand. Wall Street Giant Enters ETF Market In addition to Ethereum, Morgan Stanley also submitted ETF applications lin ...