In 2026, Morgan Stanley is eyeing expansion into the crypto space. On Jan. 6, the bank filed with the U.S. Securities and Exchange Commission (SEC) to launch its Bitcoin (BTC) and Solana (SOL) exchange-traded funds (ETFs). The products will be known as the Morgan Stanley Bitcoin Trust and the Morgan Stanley Solana Trust. Related: Morgan Stanley is unleashing 15,000 wealth advisors to sell Bitcoin ETFs What is a crypto ETF? An exchange-traded fund (ETF) is an investment vehicle that pools capital from ...

Group 1 - Hims & Hers Health Inc. (HIMS) shares have decreased by 30% since the last rating, while the market has increased by 5%, indicating underperformance [1] - The company is focused on providing health and wellness products, but recent stock performance raises concerns about its market position [1] Group 2 - The analyst has a beneficial long position in HIMS shares, indicating confidence in the company's potential despite recent stock declines [2] - The analysis reflects a broader investment strategy that includes technology and crypto opportunities, suggesting a diverse approach to market trends [2]

Global digital asset investment products closed 2025 with inflows totaling $47.2 billion, narrowly missing the $48.7 billion record set the year before. Key Takeaways: Global crypto investment inflows reached $47.2B in 2025, just shy of the previous year’s record. The US remained the largest source of inflows, while Europe rebounded sharply led by Germany and Canada. Investor demand rotated toward Ethereum and select large-cap altcoins as Bitcoin inflows cooled. The final stretch of the year show ...

Core Argument - The narrative surrounding MicroStrategy (MSTR) should focus on its structural ability to increase Bitcoin exposure per share over time rather than merely acting as a leveraged Bitcoin proxy [2][3]. Company Overview - MicroStrategy began accumulating Bitcoin in June 2021, with the stock initially trading at approximately 2.5 times its market net asset value (mNAV) [3]. - By late 2022, the company held 129,999 Bitcoin, with its notional debt briefly exceeding asset value, yet the underlying financial structure remained intact [3][4]. Investment Thesis - The capital structure of MicroStrategy is viewed as a key factor in its long-term value proposition, with the belief that market timing is less critical than the company's ability to compound Bitcoin exposure [4][6]. - By mid-2023, the company had significantly increased its Bitcoin holdings to 672,497, which is over 12 times that of the next largest publicly traded corporate holder [5]. Risk Profile and Valuation - The risk profile of MicroStrategy's shares has improved, with the net asset value (NAV) per share now being 160% greater than the initial 2.5x mNAV shares purchased in June 2021 [6]. - The rising NAV floor has surpassed the original cost basis, indicating a positive shift in the company's valuation dynamics [6][7].

Core Insights - The article emphasizes the importance of managing bitcoin profits wisely to ensure long-term financial security, highlighting the risks associated with chasing further gains in a volatile market [1] Group 1: Securing Gains - The first step after a profitable bitcoin investment is to secure the gains by tightening account security, such as using cold storage or two-factor authentication to mitigate custody risk [2] - Investors should confirm their cost basis, which is essential for understanding taxable profits, and document gains or losses to facilitate future financial planning [3] Group 2: Tax Considerations - Understanding tax liability is crucial, as bitcoin profits are taxable, with rates ranging from 10% to 37%, making tax planning a vital step for investors [4] - The nature of the gain, whether short-term or long-term, influences the tax rate and can affect the decision to sell or hold [5] Group 3: Emotional Decision-Making - Investors are advised to avoid emotional decision-making and instead adopt a rules-based profit strategy, such as selling a portion of gains and reinvesting in other assets to preserve wealth [5]

Crypto investment products recorded around $952 million in net outflows last week, the first weekly withdrawal in the past 30 days. According to CoinShares, this withdrawal was primarily due to whale selling and regulatory uncertainty amid delays in the proposed Clarity Act. Ether led the selling pressure, with outflows reaching $555 million. Year-to-date inflows into ETH ETPs have reached $12.7 billion in 2025, significantly higher than the $5.3 billion recorded over the same period last year. Bitcoi ...

Stockholders have been notified of the Annual Meeting through mail, telephone/text, and email communications Bitmine leads crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stock Bitmine remains supported by a premier group of institutional investors including ARK's Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas "Tom" Lee to support Bitmine's goal of acquiring 5% of ETH ...

Gen Z and Millennial investors don’t feel like conventional pathways to wealth are working for them—and that’s in part why they’re turning to crypto. That’s according to the latest crypto report released on Tuesday by Coinbase. “Younger investors just feel like the traditional playbook isn’t working,” said Gareth Kay, vice president of brand at Coinbase, about Gen Z and Millennials investing in crypto. “They’ve said, let’s go and build a different one, because technology allows us to do that.” Gen Z and ...

The asset management arm of the Brazilian megabank Itaú has recommended that savers keep between 1% and 3% of their wealth in Bitcoin. The recommendation comes almost exactly two years after its banking arm Itaú Unibanco began offering its customers Bitcoin and Ethereum trading options, and three years after it launched its first Bitcoin exchange-traded fund, or ETF. Renato Eid, Itaú Asset Management’s head of beta strategies and responsible investment, explained, in a column on the Itaú investment port ...

Core Viewpoint - BMNR stock has seen a 17% increase recently, driven by the acquisition of Ethereum tokens, a recovery in ETH prices, and positive market sentiment, despite concerns over its inflated valuation [2][3][14] Financial Performance - BitMine Immersion Technologies has reported a revenue growth of 84.1% over the last 12 months, increasing from $3.3 million to $6.1 million, and a quarterly revenue growth of 94.2% [12] - The company has an average revenue growth rate of 248.5% over the past three years, significantly outperforming the S&P 500's 5.5% growth [12] - However, the operating income for the last four quarters was -$363 million, resulting in an operating margin of -5949.7%, indicating unprofitability in core operations [12] Valuation Metrics - BMNR has a price-to-sales (P/S) ratio of 1360.1 and a price-to-earnings (P/E) ratio of 23.8, both of which are considerably higher than the S&P 500's ratios of 3.2 and 23.3, respectively [11] - The company's market capitalization is approximately $13.8 billion, closely aligning with its Ethereum holdings valued at over $13 billion, resulting in a Market Cap-to-Net Asset Value (MNAV) ratio of 1x [14] Investment Considerations - Despite moderate operational performance, the high valuation of BMNR stock poses risks, yet its significant crypto asset holdings may appeal to investors confident in Ethereum's long-term growth [14] - The stock has shown volatility, dropping 88% from its peak in March 2022 to a low in May 2023, but has since recovered to around $36 [16]