Morgan Stanley (NYSE:MS) on Tuesday filed for an Ethereum (CRYPTO: ETH) Trust with the SEC, marking the bank’s third crypto ETF filing in 48 hours after registering Bitcoin (CRYPTO: BTC) and Solana (CRYPTO: SOL) trusts earlier this week.Ethereum Trust Will Stake ETH For YieldThe Morgan Stanley Ethereum Trust will be a passive investment vehicle sponsored by Morgan Stanley Investment Management, holding ether directly and valuing shares daily based on a pricing benchmark derived from major trading venues, De ...

The firm on Tuesday submitted paperwork for a The filing comes as Wall Street's traditional players deepen their digital-asset footprint. Firms including Goldman Sachs Group, JPMorgan Chase and Citigroup have stepped up Crypto TrackerTOP COINS (₹) Ethereum295,500 (2.19%)BNB82,504 (0.83%)Tether90 (-0.12%)Bitcoin8,405,009 (-0.44%)XRP208 (-1.59%)Live EventsAlready, more than 10 pure Bitcoin-focused funds trade in the US, as do various ones based on Solana, the sixth-largest digital currency by market value. ...

Morgan Stanley is reportedly entering the cryptocurrency exchange-traded fund (ETF) space.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The Wall Street bank has submitted paperwork for a Bitcoin Trust and a Solan ...

(Bloomberg) -- Morgan Stanley filed for Bitcoin and Solana exchange-traded funds, marking its first foray into the popular corner of the funds world two years after the explosion of crypto-focused ETFs in the US brought them into the mainstream. The firm on Tuesday submitted paperwork for a Bitcoin Trust and a Solana Trust, each of which would hold the individual cryptocurrencies. The Solana product would allocate a portion to be staked, the process in which rewards are earned for allowing the tokens owned ...

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. (Bloomberg) -- Morgan Stanley filed for Bitcoin and Solana exchange-traded funds, marking its first foray into the popular corner of the funds world two years after the explosion of crypto-focused ETFs in the US brought them into the mainstream.  The firm on Tuesday submitted paperwork for a Bitcoin Trust and a Solana Trust, each of which would hold the individual cryptocurrencies. The Sol ...

U.S. spot Bitcoin exchange-traded funds recorded a sharp reversal on December 30, pulling in $355 million in net inflows and ending a seven-day stretch of persistent capital withdrawals. The move marked the strongest daily inflow since mid-December and came after nearly two weeks in which ETF investors steadily reduced exposure as prices softened and year-end liquidity thinned. Sosovalue data shows that the rebound was led by BlackRock’s iShares Bitcoin Trust, which attracted $143.75 million in fresh ca ...

ETF Filings - Grayscale filed S-1 for Hedera ETF and S-3 filings to convert Litecoin and Bitcoin Cash Trusts into ETFs [1] - The goal is to provide investors with easier access to altcoins through regulated exchanges like NYSE Arca and Nasdaq [2] - These filings mirror Grayscale's strategy of converting Bitcoin and Ethereum Trusts into spot ETFs in 2024 [1] Regulatory Landscape - Nasdaq submitted a 19b-4 earlier this year to list the Hedera product [2] - Litecoin and Bitcoin Cash filings depend on proposed Generic Listing Standards awaiting SEC approval [2] - The SEC has not yet approved any of the new products [3] Industry Trends - Other issuers like Fidelity and VanEck have also proposed altcoin ETFs [2] - Bloomberg analysts suggest Litecoin has strong odds among altcoin ETF candidates [3] - If regulators approve, investors could gain mainstream exposure to Hedera, Litecoin, and Bitcoin Cash alongside Bitcoin and Ethereum [3]