Morgan Stanley Files For Ethereum ETF Amid Major Crypto Push

Banking behemoth Morgan Stanley is expanding its crypto footprint by filing a registration statement for an Ethereum (ETH) Trust with the US SEC.

Morgan Stanley Ethereum Trust

The S-1 filing seeks to track the price of ETH and "reflect rewards from staking a portion of the Trust’s ether." This follows preliminary filings for spot Bitcoin and Solana Trusts earlier this week.

Institutional Crypto Roadmap

Access Expansion: Morgan Stanley now allows all clients, including retirement accounts, to access crypto funds.
Trading Integration: E-Trade subsidiary to enable trading of BTC, ETH, and SOL.
Regulatory Pivot: Aligned with U.S. efforts to become the "crypto capital of the world."