Morgan Stanley is Pushing Bitcoin and Crypto, But Says Wall Street Isn’t Chasing FOMO

Morgan Stanley is actively increasing its involvement in Bitcoin and cryptocurrency, moving beyond indirect exposure to offering spot ETFs and planning support for tokenized equities. However, Amy Oldenburg, the bank’s digital asset head, emphasizes that this isn’t a reaction to market FOMO, but a result of years of preparation and a broader effort to modernize financial infrastructure. Challenges remain in upgrading legacy systems and coordinating global networks. Despite volatile token prices, institutional activity is growing, with stablecoins and faster settlement tools gaining traction. The bank has filed to launch its own spot bitcoin ETF, the Morgan Stanley Bitcoin Trust (MSBT), which, according to Strategy CEO Phong Le, could drive significant capital into BTC even with a modest allocation from their wealth platform.

(Source：Bitcoin Magazine)