Morgan Stanley's spot Bitcoin ETF seen delivering strategic upside beyond investor inflows
Morgan Stanley's newly filed spot Bitcoin and Solana ETFs could strengthen the bank's long-term crypto positioning even if fund inflows remain modest, according to ProCap CIO Jeff Park. He argues the launch may enhance Morgan Stanley's brand, support its ETRADE crypto ambitions, and help attract talent, while Morningstar's Bryan Armour says the bank can quickly migrate existing Bitcoin clients into its own ETFs and add further legitimacy to the crypto ETF market.