Morgan Stanley files S-1 for Bitcoin and Solana ETFs as US banks embrace crypto

Beincrypto reports Morgan Stanley has filed an S-1 registration to offer Bitcoin and Solana ETFs, while Bank of America has begun advising wealth-management clients to allocate up to 4% of portfolios to digital assets.

Morgan Stanley’s S-1, filed January 6, 2026, aims to expand client access to Bitcoin and Solana through regulated investment vehicles; the bank manages $1.6 trillion in assets. Earlier reporting in December indicated BofA planned to begin coverage of four Bitcoin ETFs (BITB, FBTC, Grayscale Mini Trust and IBIT) starting January 5, 2026. Other large institutions—including JPMorgan Chase, Goldman Sachs, Citigroup, Charles Schwab and PNC—have also been expanding crypto services, and custody providers such as US Bank and BNY Mellon have resumed or built offerings.

Updated guidance from the Federal Reserve, the OCC and the FDIC allowing banks to custody crypto assets and offer digital-asset services is cited as a key enabler, and the moves suggest more traditional firms may follow as they convert regulatory filings and partnerships into client products.

Key Topics

Crypto, Morgan Stanley, Bitcoin Etf, Solana, Federal Reserve, Custody Services