Morgan Stanley filed for spot Ethereum exchange-traded funds (ETFs) on Wednesday, becoming the latest American bank to do so. The move is designed to track ETH’s price while passing staking rewards through to shareholders. The news comes just days after Bank of America also expanded client access to crypto amid rising institutional demand. Wall Street Giant Enters ETF Market In addition to Ethereum, Morgan Stanley also submitted ETF applications linked to Bitcoin and Solana on Tuesday
source: https://beincrypto.com/morgan-stanley-enters-ethereum-etf-market/