Morgan Stanley Files for Spot Ethereum ETF After Bitcoin and Solana
Morgan Stanley has broadened its cryptocurrency investment strategy by filing with the SEC for a spot Ethereum ETF. This development, which includes staking exposure, follows the firm's recent submissions for Bitcoin and Solana ETF filings. The move indicates a growing interest from traditional financial institutions in offering crypto-related investment products. The spot Ethereum ETF aims to provide investors with direct exposure to Ethereum, potentially attracting more institutional and retail participation in the crypto market.
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