Morgan Stanley Files for Bitcoin and Solana Trust With the SEC
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Morgan Stanley, a global financial services firm, has submitted two Form S-1 filings with the United States Securities and Exchange Commission (SEC) seeking approval for a Bitcoin and Solana Trust.
Morgan Stanley Eyes Crypto ETFs
According to the filings, the firm calls its bitcoin-backed product the Morgan Stanley Bitcoin Trust. The company called its Solana-focused fund the Morgan Stanley Solana Trust.
The company explained that it wants to launch both products as crypto exchange-traded funds (ETFs). This means investors will be able to indirectly expose themselves to the aforementioned cryptocurrencies through a traditional brokerage account.
For the Solana Trust product, the company explained that it will partner with one or more third-party providers to facilitate staking services.
Morgan Stanley Investment Management Inc. will be the sponsor for the crypto ETFs awaiting SEC approval. The sponsor will hold BTC and SOL directly, rather than derivatives of these coins.
Recall that news once circulated that the financial services company would offer a Bitcoin ETF to wealthy clients last year.
Details such as the ticker symbols, the stock exchange for trading, and the crypto custodian have yet to be disclosed.
Approval In View?
Notably, Morgan Stanley’s latest decision to embrace crypto ETFs comes as many Americans have shown interest in spot Bitcoin and Solana ETFs. According to SoSoValue, Bitcoin ETF issuers have soaked up $57.78 billion while their Solana counterpart has raked in over $792 million.
Since there are existing Solana and Bitcoin ETFs in the U.S., Morgan Stanley is likely to receive approval soon.
Last year, Morgan Stanley made several moves to pave the way for crypto adoption. For instance, it noted in October 2025 that it would remove restrictions on wealth funds holding crypto. In May, the company revealed that it would enable crypto trading on E*Trade from this year.
Meanwhile, Morgan Stanley’s stock, MS, rose 2.55%, bringing its price to $186.54 at the time of writing. This indicates that shareholders support the latest move.
The post Morgan Stanley Files for Bitcoin and Solana Trust With the SEC appeared first on CoinTab News.
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