Morgan Stanley has launched new exchange-traded products (ETPs) featuring staked Ethereum and Solana. Coinbase is providing the underlying technology for these products, as confirmed by Brian Armstrong, Coinbase’s CEO, on social media. This initiative makes Morgan Stanley the first major U.S. bank-affiliated asset manager to integrate staking from the outset. The launch aligns with Morgan Stanley’s broader strategy to incorporate digital assets into its investment services, following the introduction of spot trading for Bitcoin, Ether and Solana through E*TRADE earlier this month. This announcement suggests growing institutional adoption of digital assets by major financial institutions.
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