Morgan Stanley Makes Move towards Ethereum Trust with SEC Filing
Morgan Stanley, one of the leading
Key Points
- Morgan Stanley has submitted a Form S-1 registration statement with the SEC for Morgan Stanley Ethereum Trust.
– It is a plan to offer a regulated exposure to Ethereum to retail and asset management clients through staking and in-kind creation and redemption.
- This marks the bank's intention to provide services on the Ethereum blockchain through the traditional brokerage method.
Details of the Filings
- The depositor will be Morgan Stanley Investment Management, while the CSC Delaware Trust Company will be the trustee.
- It was incorporated on December 16, 2025. The initial contribution to the trust was $1. It is incorporated in Delaware.
- The application does not mean approval for launch but reveals a gradually increasing interest of Morgan Stanley in crypto-backed assets. Market Context.
The - The Ethereum spot ETFs have experienced a daily value traded volume of $1.72 billion and have a total net assets value of $20.06 billion, roughly comprising 5% of Ethereum's total market capitalization. - BlackRock's ETHA leads with $11.58 billion in assets.
Morgan Stanley’s Crypto Expansion
Morgan
– The bank has applied for Bitcoin and Solana Trusts for Spot Bitcoins, and it is soon going to introduce direct cryptocurrency trading for Bitcoin, Ether, and Solana through its E-Trade platform.
- Morgan Stanley manages around 8.2 trillion dollars in assets belonging to its clients. This provides a compelling reason to the firm to manage cryptocurrencies as well due to increasing demand.
What's Next? The filing gives the impression that Morgan Stanley is preparing to offer more crypto products in the spot market segment, aside from Bitcoin. When this trust is approved, it is expected to make it easy for mainstream investors to invest in Ethereum.
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