Morgan Stanley has launched exchange-traded products (ETPs) focused on Ethereum and Solana, providing investors with exposure to cryptocurrencies through traditional investment vehicles with staking features. These products, with Figment serving as validator, complement the bank’s existing Bitcoin offering and reflect growing institutional confidence in digital assets. Bitcoin price bounced back after briefly dropping below recent support levels, while Ethereum has regained stability. SEC Chair Paul Atkins renewed his support for the Clarity Act, which aims to clarify responsibilities between the SEC and CFTC in cryptocurrency regulation. Investors are closely watching the Federal Reserve’s monetary policy decision, which could determine short-term market direction.
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