Both good news is coming and the negative developments that we have already expected in January are making themselves felt in the charts. The biggest plus for bulls is that the four-year cycle story has collapsed. Even though we are in January, cryptocurrencies did not experience alarming losses and BTC did not fall below 80 thousand dollars. So what does Morgan Stanley do?
Bitcoin and Solana Application
Morgan Stanley, one of the largest players in the US financial markets, solana And Bitcoin He applied for ETF. Choosing Solana specifically as a Layer1 alternative makes sense because SOL Coin performs much better during the hype period since its market cap is lower, which is the kind of advantage that will increase the ETF issuer’s earnings with increasing volumes.
We will see new ETFs for BTC and the sixth-largest cryptocurrency, according to S-1 forms filed with the SEC by Morgan Stanley. Morgan Stanley, one of the 10 largest banks in the USA in terms of total assets, has applied for the first time to launch a cryptocurrency ETF in 2026.
Professional and institutional investors are aware of the risks of cryptocurrency exchanges or self-custody wallets and invest through ETFs. The FTX crash undermined DEX reliability, and cold wallets also have many risks, from being hacked to being lost. Instead, this group, which invests through the ETF channel, can transfer all risks to the ETF issuers of the world’s most reliable banks and invest comfortably.
Important for Cryptocurrencies
So far we have seen that ETF issuers are generally fund managers, not banks. This situation is not unusual in the case of crypto, because banks have always kept their distance from crypto while releasing products in many areas.
The 2-year BTC ETF adventure went quite well. The world’s largest asset manager BlackRock in december BTC ETF He announced that his product had become their best product with more than $245 million in revenue. $245 million a year is a great number for ETF income, and banks have to launch crypto products to get their share of this pie, even if they are not very happy.
trump The administration also aims to pass a clarity law for cryptocurrency markets this year. Beyond ETF products, this will also pave the way for banks to provide services such as cryptocurrency storage and trading. Although Nakamoto’s bones ached, the global acceptance of Bitcoin as a new asset class necessitated a denial of its roots, philosophy and ideals. We have been writing for years that almost all investors believe that “philosophy does not satisfy their profit” and that they look at Bitcoin and cryptocurrencies only with the motivation of making money. It is therefore not surprising that the result of this perspective is the environment we see today.
