Morgan Stanley submits application for Ethereum spot ETF
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TL;DR
Morgan Stanley has applied for an Ethereum spot ETF, following recent applications for Bitcoin and Solana ETFs. This marks a significant expansion of their direct ETF offerings under their own brand.
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EthereumSmart ContractsSolanaBitcoinLayer 1Solana EcosystemMorgan StanleyEthereum ETFBitcoin ETFSolana ETFspot ETF
According to a Odaily report, Morgan Stanley has submitted applications for an Ethereum spot ETF. Morgan Stanley also submitted applications for Bitcoin and Solana spot ETFs yesterday. Bitwise Chief Investment Officer Matt Hougan commented, “Morgan Stanley currently manages 20 ETFs, but most are launched under brands like Calvert, Parametric, and Eaton Vance. These Bitcoin and Solana ETFs will be the third and fourth ETFs directly operated under the ‘Morgan Stanley’ brand, which is quite noteworthy.”