According to people familiar with the matter, Morgan Stanley is watching the development of the newly approved spot Ethereum ETF market, but has not yet committed to providing access to these ETFs to its clients. (CNBC)
Previously, people familiar with the matter revealed that Morgan Stanley will provide BlackRock and Fidelity's Bitcoin ETFs to its eligible clients, namely: IShares Bitcoin Trust and Wise Origin Bitcoin Fund. People familiar with the matter said that only clients with a net worth of at least $1.5 million, active risk tolerance and a willingness to invest speculatively are suitable for participating in Bitcoin ETFs, and Morgan Stanley will monitor clients' cryptocurrency holdings to ensure that they are not overly exposed to this volatile asset class.