Morgan Stanley Seeks SEC Approval for Bitcoin and Solana ETFs
4.9 Investments Morgan Stanley has filed with the SEC to launch spot Bitcoin and Solana ETFs, including a staking feature for Solana. The move expands crypto access for clients and reflects rising demand for digital asset investment products.
Morgan Stanley has filed S-1 registration statements with the U.S. Securities and Exchange Commission to launch spot Bitcoin and Solana exchange-traded funds (ETFs). The proposed Morgan Stanley Bitcoin Trust will hold Bitcoin directly, tracking its price via a benchmark from major spot exchanges, and will be managed passively without leverage or derivatives. The Solana Trust will also include a staking mechanism, allowing rewards to be added to the fund’s net asset value. Shares of both funds will be created and redeemed in large blocks by authorized participants, with retail investors able to access them through traditional brokerage accounts. These filings position Morgan Stanley alongside other major ETF issuers and reflect growing demand for digital assets in mainstream investment products. The move follows a shift in the regulatory environment and Morgan Stanley’s recent expansion of crypto access to a broader client base. Cumulative U.S. spot crypto ETF trading volume has surpassed $2 trillion, with spot Bitcoin ETFs holding over $123.5 billion in assets.
