Bitcoin exchange-traded funds (ETFs) are off to a hot start in 2026. Morgan Stanley, which manages almost $9 trillion in assets under management across client wealth and investment accounts, filed with the U.S. Securities and Exchange Commission (SEC) to launch a spot Bitcoin and spot Solana ETF today, Jan. 6.
Bloomberg’s senior ETF analyst Eric Balchunas commented on the move in an X post, calling it a “shocker.” Balchunas expanded on his thoughts, saying:
“I like this move by them. It's smart. They have like $8T in advisory assets and they already OK'd those advisors to allocate so might as well be in their own branded fund vs paying BlackRock or someone else.”
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