Key facts
- Morgan Stanley's ETFs for Ether and Solana have been approved for listing on NYSE Arca.
- Filings for these ETFs were submitted to the U.S. SEC.
- Morgan Stanley's Bitcoin ETF is approaching $400 million in assets.
Morgan Stanley's proposed exchange-traded funds (ETFs) tracking the price of Ether and Solana have received approval for listing and trading on NYSE Arca. The financial institution had previously submitted the necessary filings to the U.S. Securities and Exchange Commission (SEC) for these products.
This development comes as Morgan Stanley's Bitcoin ETF is reportedly nearing $400 million in assets under management, indicating growing institutional interest in cryptocurrency-backed investment vehicles.