Morgan Stanley bets big on crypto with ETF plans
Wall Street giant Morgan Stanley is seeking to launch three cryptocurrency ETFs, following in the footsteps of BlackRock’s US$71 billion IBIT ETF. This week, it has submitted regulatory filings with the US Securities and Exchange Commission to launch Bitcoin, Solana and Ethereum ETFs. The firm, which manages more than US$1.8 trillion ($2.6 trillion), is the first major US bank to take this step as it...
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