Morgan Stanley has filed an amended S-1 registration statement for its Ethereum and Solana ETFs, signaling the bank is inching toward bringing new crypto products to market. A Bloomberg ETF analyst confirmed the filings indicate the firm is moving closer to launching the funds. The move comes after Morgan Stanley launched a spot Bitcoin ETF earlier this year.
The amended filing
The amended S-1 is a standard step in the ETF approval process. It shows Morgan Stanley is still actively pursuing the Ethereum and Solana products, even as regulatory scrutiny of crypto ETFs remains high. The bank first filed for these ETFs months ago, but the amended paperwork suggests it's addressing SEC feedback or updating fund details.
Building on the Bitcoin ETF
Morgan Stanley's spot Bitcoin ETF, which went live earlier this year, was one of the first from a major Wall Street bank. That product gave the firm a foothold in the crypto ETF space. Now it's looking to expand into Ethereum and Solana — two of the largest cryptocurrencies by market cap. The timing isn't great: the SEC has been slow to approve new crypto ETFs beyond Bitcoin. But the amended filing keeps the process alive.
The bank hasn't announced a launch date for either the Ethereum or Solana ETF. The SEC will need to sign off on the amended S-1 before trading can begin. For now, the filing is a concrete sign that Morgan Stanley isn't backing away from its crypto ambitions.
