Morgan Stanley Expands Crypto ETP Lineup with Ether and Solana ✨
Morgan Stanley has launched Ether and Solana exchange traded products ETPs following successful debut of its Bitcoin Trust earlier this year. Bitcoin Trust launched in early 2026 has already gathered over 381 million in assets signaling robust institutional demand for regulated crypto exposure.
🔹 New ETPs provide institutional and retail clients with exposure to ETH and SOL through same wrappers as firm existing crypto products
🔹 Firm has partnered with Galaxy Digital for underlying crypto asset operations
Why This Matters
🔹 Morgan Stanley expansion is major step in bringing crypto assets to mainstream investors Firm manages over 9 trillion in client assets giving significant distribution power
🔹 Bitcoin Trust rapid growth to 381 million demonstrates institutional investor demand is not just speculative it is structural
🔹 This puts Morgan Stanley in direct competition with crypto native investment firms and further legitimizes Ethereum and Solana as asset classes Analysts noted move provides clients with exposure to broader range of digital assets beyond just Bitcoin
Beyond Headlines
🔹 This is part of broader institutional trend
🔹 BitMine Immersion Technologies holds 5.78 million ETH valued at roughly 11.3 billion representing 4.8 percent of circulating supply
🔹 VanEck launched Solana backed securities on Nasdaq in July 2026 giving institutional access to SOL
🔹 SEC approved several spot Solana ETFs in early 2026 including filings from BlackRock Fidelity and Bitwise
The Takeaway
🔹 Morgan Stanley move is clear signal that Wall Street is embracing crypto beyond Bitcoin
🔹 Rapid success of Bitcoin Trust likely gave firm confidence to expand into other assets
🔹 For investors this provides more regulated accessible crypto exposure through traditional financial channels
DYOR 🔎
#SummerCreationCamp #夏日创作营
$BTC $ETH ‌$SOL ‌

#加密市场观察 FOMC July meeting preview: Are rate hikes near or far away?
The Federal Reserve will hold an FOMC meeting on July 28 and 29 in the Eastern Time zone of the U.S., and the interest rate decision will land at 2:00 a.m. Beijing time on July 30. Affected by recent turmoil in the Middle East, the risk of an inflation rebound has risen somewhat, which may also make this policy meeting a key focus for funds this week.
First segment: Market outlook expectations — referencing CME Fed Watch data
FedWatch is a free tool launched by the CME Group. By relying on trading data of interest rate futures, it calculates the probabilities of interest rate changes. Through observation of this data, we can often understand how market funds are betting on the Fed’s interest rate direction.
CME FedWatch July rate-hike probability: Currently, the U.S. federal funds rate remains in the 3.5%-3.75% range. Based on today’s market pricing, the probability that this meeting will raise the rate to 3.75%-4% (a 25bp hike) is 37.9%, and market expectations for a rate hike are still edging higher.
Second segment: The biggest change! The interpretation logic in the Waller and Powell era is completely different
During the tenure of former Chair Powell, he was accustomed to releasing guided signals and was willing to hint to the market, so people could infer a rough timetable for where rates might go in the future.
But after the new Chair Waller took office, the way he communicates has changed noticeably: he deliberately stays cautious, refuses to give advance projections about the future path of interest rates, and is also unwilling to clearly map out a rate path. Overall, policy adjustments follow economic data flexibly. Therefore, in Waller’s remarks at the July meeting press conference, we should no longer try to pick apart hints such as “in which month rate cuts will happen, in which month rate hikes will happen, and how rates will move in the future.” Instead, we should focus on the following directions: ① How Waller assesses current inflation pressures; ② His view on the current U.S. employment situation and economic resilience; ③ His thinking about future Fed reform and the progress so far. A rundown of Waller’s recently stated public views (July 15 — Senate hearing):
"I’m not satisfied with any inflation indicator."
"The labor market looks quite good, but inflation is not so optimistic."
"We will review our tools, including the balance sheet and interest rates, to see whether adjustments are needed to address inflation."
"The fact that the inflation rate has been consistently above the 2% target over the past five years is itself the Fed’s failure to do its job, and we must maintain zero tolerance for persistently high inflation."
"Tools to curb inflation include interest rate tools, and we have the ability to do this."……
Third segment: Pin down inflation — the U.S. June PCE data
PCE is the Fed’s core inflation gauge. The latest data for this round will be released at the same time on the evening of the 30th. Another inflation observation indicator, June CPI, has already shown a downward trend due to prior adjustments in oil prices. U.S. June core PCE price index month-over-month: previous 0.3% forecast 0.2% actual ? (to be released at 20:30 on July 30)