BlockBeats News, January 8 — Jeff Park, an advisor at Bitwise, stated that Morgan Stanley recently announced the launch of a spot Bitcoin ETF. Even if it doesn’t achieve great success in the end, it will bring “intangible benefits” to Morgan Stanley, helping to enhance its influence. Issuing a Bitcoin spot ETF will bring a reputation advantage, demonstrating that the asset management company is forward-looking, young, and somewhat avant-garde. It also helps attract top talent in the crypto space, sends a bigger-than-expected signal to the market about the crypto market, and reaches new customer groups.
Morningstar ETF analyst Bryan Armour added that Morgan Stanley’s sudden move into the cryptocurrency field might mean it wants to “shift clients investing in Bitcoin into its ETF so that it can quickly get started even if entering later.”
Morgan Stanley is one of the world’s three major investment banks, along with Goldman Sachs and JPMorgan Chase. While Goldman Sachs and JPMorgan Chase have already entered the cryptocurrency investment field, they have not launched their own cryptocurrency ETFs.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BTC 15-minute pullback of 0.66%: Trade policy shock combined with large holders selling off triggers downside pressure
From 06:15 to 06:30 (UTC) on 2026-04-06, the BTC price dropped from 68807.2 to 69308.1 USDT; the 15-minute return recorded -0.66%, and the amplitude reached 0.72%. During this period, market volatility intensified, with trading volume and social discussion heat increasing in tandem, reflecting intense short-term capital games.
The main driving force behind this abnormal movement came from sudden changes at the macro policy level. The United States has recently increased tariffs and continued its high-tariff policy, causing a sharp drop in global risk appetite and prompting investors to withdraw en masse from high-volatility assets. Related con
GateNews18m ago
Bitcoin meltdown to $10,000 remains likely unless prices reclaim $75,000, analyst says
A familiar voice is back with a familiar, and controversial, call on bitcoin BTC$66,860.50.
Mike McGlone, senior commodity strategist for Bloomberg Intelligence, is reiterating that bitcoin could crash to $10,000.
But this time, he's framed it with a very clear line in the sand: $75,000.
If bitco
CoinDesk2h ago
Capital Flows From Gold Back to Bitcoin As Digital Haven Matures
Bitcoin has consistently been considered as a centerpiece for crypto-economic theory and its representation as “Digital Gold”. Recent data from Fidelity clearly demonstrates that Bitcoin’s role as a measurable indicator of market performance is firmly established as a reality, not just a
BlockChainReporter2h ago
