Banking Behemoth Morgan Stanley Files Paperwork For Bitcoin, Ether, And Solana ETFs In Latest Crypto Push.
Morgan Stanley, the sixth-largest U.S. bank by assets under management, is pushing its digital assets ambitions further.
The proposed Morgan Stanley Bitcoin Trust, the Morgan Stanley Solana Trust, and the Morgan Stanley Ethereum Trust are designed to function as “passive investment” vehicles that hold and track the performance of the underlying tokens, according to recently submitted Form S-1s.
If approved, the three funds will list their shares on national securities exchanges, which are usually specified in later 19b-4 filings, not the initial S-1 statements.
Morgan Stanley Investment Management sponsors the Bitcoin trust and will hold BTC directly, operating as a passive vehicle without leverage or derivatives. The fund’s net asset value will be calculated daily using a designated BTC pricing benchmark based on trading activity across major spot exchanges. The Ether and Solana funds will also generate rewards from staking a portion of the funds’ holdings.
