Bitcoin Dips to 92k in 2026; ETFs in Spotlight

Morgan Stanley files S-1 registrations for Bitcoin, Ethereum, and Solana ETF trusts
Morgan Stanley has filed S-1 registration statements in early January 2026 for exchange-traded fund (ETF) products tied to Bitcoin, Ethereum, and Solana, according to public filings.
The filings show that on January 6, 2026, the bank submitted registration statements for the Morgan Stanley Bitcoin Trust and the Morgan Stanley Solana Trust. It followed shortly with an additional application for an Ethereum Trust that includes staking rewards.
The proposed structures are notable because they extend beyond a Bitcoin-only approach and include staking-enabled designs for ETH and SOL. Staking-linked ETF structures are closely watched in the market because they aim to incorporate native network yield mechanics into a regulated investment wrapper.
More broadly, the filings highlight continued interest among large financial institutions in offering crypto exposure through registered products. S-1 registration statements are part of the process to launch new securities, and they provide investors and regulators with details on product design, risks, and operational mechanics.
- Date of initial filings: January 6, 2026 (Bitcoin Trust and Solana Trust)
- Additional filing: Ethereum Trust filed shortly after, including staking rewards
- Scope: Bitcoin, Ethereum, and Solana exposure via ETF trust structures
