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Product · Wed 29 Jul · 4 min read

Morgan Stanley adds ETH and SOL ETPs after Bitcoin win

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What happened

Morgan Stanley has launched exchange-traded products for Ether and Solana, following the success of its Bitcoin fund, which crossed $381 million in assets under management. The new ETPs are positioned as low-cost products, extending the firm's institutional crypto offering beyond Bitcoin for the first time. This is a significant step: Morgan Stanley is not a fringe actor. Its move into ETH and SOL signals that the asset class is being treated as a multi-asset category by mainstream wealth management infrastructure.

Why it matters

Sources: CoinDesk

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