Morgan Stanley applies to launch Bitcoin and Solana ETFs, accelerating its layout in the digital asset field

According to Reuters, Wall Street investment banking giant Morgan Stanley has filed documents with the U.S. Securities and Exchange Commission (SEC) to apply for a cryptocurrency-linked exchange-traded fund (ETF). The documents indicate that Morgan Stanley plans to launch an ETF product that tracks the prices of Bitcoin (BTC) and Solana (SOL).

This move will further deepen the bank's involvement in the cryptocurrency space. Notably, this action comes two years after the SEC approved the spot Bitcoin ETF, marking a continued commitment from traditional financial institutions to the digital asset market.