Morgan Stanley Lists Ethereum and Solana ETPs on SIX Swiss Exchange
Morgan Stanley has expanded its cryptocurrency push by launching exchange-traded products (ETPs) for Ethereum and Solana. The move is part of a broader effort by the investment bank to provide clients with access to digital assets.
The Ethereum ETP, which will be listed on the SIX Swiss Exchange, will track the price of Ether, the native cryptocurrency of the Ethereum network. Meanwhile, the Solana ETP will track the price of SOL, the native cryptocurrency of the Solana blockchain.
The launch of these new ETPs is seen as a significant step forward for Morgan Stanley's crypto ambitions. The bank has been actively exploring ways to offer clients exposure to digital assets, and this move marks a major milestone in that effort.