Morgan Stanley files to launch Bitcoin and Solana ETFs with SEC

Morgan Stanley has filed with the US Securities and Exchange Commission to launch two cryptocurrency exchange-traded funds, one tied to Bitcoin and the other to Solana.

The proposed Morgan Stanley Bitcoin (BTC) Trust and Morgan Stanley Solana (SOL) Trust are described in S-1 filings as passive investment vehicles that will hold and track the performance of the underlying tokens. Morgan Stanley Investment Management is listed as the sponsor and CSC Delaware Trust Company as the Delaware trustee. The filings say the funds seek to list their shares on public exchanges, which are usually specified in later 19b-4 filings rather than the initial S-1 forms.

Key service providers, including certain custodial arrangements, were not fully specified in the preliminary documents. Morgan Stanley said it will keep a "substantial portion of the private keys" in cold storage with a "remainder" held in hot wallets, and that the sponsor will not "speculatively sell" the spot tokens.

If approved, the funds could bring new inflows to Bitcoin and Solana from Morgan Stanley’s more than 19 million wealth-management clients as of April 2025, the company said in a shareholder letter. The filings noted that spot Bitcoin ETFs attracted $1.1 billion in inflows during the first two trading days of 2026, and the move adds to broader institutional interest after similar steps by other large banks and asset managers.

Key Topics

Crypto, Morgan Stanley, Bitcoin, Solana, Sec, Spot Etf