Morgan Stanley files S-1 for spot Bitcoin, Solana ETFs
Summary
Morgan Stanley Investment Management has filed S-1 registration statements with the US Securities and Exchange Commission to launch new exchange-traded funds (ETFs) focused on spot Bitcoin and spot Solana. The proposed Morgan Stanley Bitcoin Trust is designed to track Bitcoin's performance using a pricing benchmark derived from major spot exchanges. Uniquely, the proposed Solana fund plans to stake a portion of its SOL holdings, allowing the fund to earn staking rewards that will be reflected in its net asset value, offering investors exposure to both the token's price movement and yield generation.
(Source:Crypto Briefing)