Wall Street Giants Enter the Market: Morgan Stanley Launches Cryptocurrency Asset ETF, Will 2026 Bring an Institutional Wave?

【Crypto World】Wall Street is accelerating its embrace of cryptocurrencies. Morgan Stanley has submitted an application to the U.S. Securities and Exchange Commission (SEC) to launch ETF products tracking Bitcoin, Ethereum, and Solana. This is not just Morgan Stanley’s move, but also represents a major shift happening across Wall Street in 2026 — from cautious testing to full deployment.

From large banks to pension funds, institutional funds are accelerating their inflow. What triggered this turning point? The improvement in the regulatory environment has played a significant role. Legislative advancements like the Clear Act have brought policy clarity, giving institutional investors enough confidence. The cautious testing phase is coming to an end, and the full asset allocation phase has already begun.

Of course, uncertainties are also brewing. The upcoming U.S. midterm elections could disrupt the pace, affecting the adoption process of cryptocurrencies and creating uncertainty about future legislation. But based on the current trend, the policy support has already shifted.

In terms of figures, Bitcoin is currently trading at approximately $90,627. Regarding the trend in 2026, market analysts’ predictions range quite broadly—from $75,000 to $250,000. This wide forecast range essentially reflects the market’s optimistic outlook on the growth potential of the crypto market and also indicates significant uncertainty.