Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
More
Morgan Stanley is Pushing Bitcoin and Crypto, But Says Wall Street Isn’t Chasing FOMO
Morgan Stanley is accelerating its bitcoin and crypto strategy, but the bank’s digital asset head says it’s the result of years of preparation, not a sudden rush to catch up.
Speaking at the Digital Asset Summit on Tuesday, Amy Oldenburg emphasized that Wall Street’s move into digital assets reflects a long-term effort to modernize financial infrastructure. “We’ve been on a journey around the entire modernization of financial infrastructure for years,” she said, rejecting the idea that banks are acting out of fear of missing out.
Morgan Stanley has expanded beyond indirect crypto exposure, such as wealthy client bitcoin funds, to offer spot ETFs on its E*Trade platform and has filed to launch its own bitcoin ETF.
Looking ahead, the bank plans to support tokenized equities on its alternative trading system in the second half of 2026.
Oldenburg noted the challenges remain significant. Upgrading legacy systems, coordinating across a global network, and integrating with complex banking infrastructure all slow progress. “We can’t just modernize on our own,” she said.
Even amid volatile token prices, institutional activity is quietly growing. Stablecoins and faster settlement tools are gaining traction, signaling that Wall Street’s deeper crypto integration is underway — gradually, but steadily.
“This is a natural progression,” Oldenburg said at Strategy World. “We can’t just primarily rent the technology to do this. People expect Morgan Stanley – they trust our brand – to be no fail”
Morgan Stanley’s bitcoin ETF is coming
Back in January, Morgan Stanley filed with U.S. regulators to launch a spot bitcoin ETF, the first major U.S. bank to pursue a fund tied directly to bitcoin’s price.
The proposed Morgan Stanley Bitcoin Trust would hold bitcoin directly, rather than using futures or derivatives, joining firms like BlackRock and Fidelity in the growing $120 billion market for spot bitcoin ETFs.
Phong Le, CEO of Strategy, called Morgan Stanley’s proposed bitcoin ETF a “Monster Bitcoin” bet, estimating that a modest 2% allocation across the bank’s $8 trillion wealth platform could drive $160 billion into BTC.
The fund, set to trade under the ticker MSBT on NYSE Arca, would hold bitcoin directly and use BNY Mellon and Coinbase for custodial and administrative services.
Le highlighted that even a small allocation by wealth managers could exceed flows seen in existing ETFs like BlackRock’s iShares Bitcoin Trust.
While Morgan Stanley has begun offering spot BTC ETFs to clients, SEC approval for the new fund is still pending.
**Editorial Disclaimer: **We leverage AI as part of our editorial workflow, including to support research, image generation, and quality assurance processes. All content is directed, reviewed, and approved by our editorial team, who are accountable for accuracy and integrity. AI-generated images use only tools trained on properly license material. In Bitcoin, as in media: Don’t trust. Verify.