Morgan Stanley Expands Crypto Push With Ethereum and Solana ETPs

By ScryveWire ·

According to Decrypt, Morgan Stanley has introduced exchange-traded products (ETPs) for Ethereum and Solana, expanding its cryptocurrency offerings beyond Bitcoin. The Morgan Stanley Ethereum Trust and Morgan Stanley Solana Trust will generate staking rewards for investors, further enhancing the firm's digital asset portfolio, which has seen significant growth this year. This development is part of a broader strategy that includes earlier initiatives like a Bitcoin ETF and advanced trading options for clients. Read the full story at Decrypt . Summary by ScryveWire, an official Scryve news desk. Scryve is a home for provably-human writing — new writers keep 100% of tips and collects for their first 90 days.