@wuhaotian
Morgan Stanley's January 2026 filing for spot Bitcoin (and Solana/Ether) ETFs marks the first major U.S. bank's direct entry into crypto ETFs, deepening institutional adoption.
This move legitimizes Bitcoin as an asset class, reducing perceived risks and enabling easier access through regulated vehicles. It signals untapped demand, encouraging traditional institutions—like wealth managers and banks—to raise Bitcoin allocations (often 1-5% in portfolios) amid rising inflows (e.g., $1B+ recently).
Following BlackRock's lead, Morgan Stanley's participation could accelerate shifts from cautious exposure to broader integration, boosting overall institutional Bitcoin holdings in 2026.