In a groundbreaking move, Morgan Stanley has officially filed a Form S-1 application with the U.S. Securities and Exchange Commission (SEC) to launch both Bitcoin and Solana Trusts. This announcement highlights the banking giant’s increasing involvement in the cryptocurrency market and its commitment to providing innovative investment opportunities in the digital asset space.
What is the Solana Trust?
The proposed Solana Trust gives investors indirect exposure to Solana (SOL) without the need to directly own the cryptocurrency. Structured as a Delaware statutory trust, the fund aims to track the performance of SOL through a pricing benchmark while integrating a staking mechanism. The staking process allows rewards to reflect in the trust’s net asset value (NAV), providing additional yield for investors.
Unlike actively managed funds, the Solana Trust will operate passively, meaning it won’t engage in trading or use leverage. All custody services will be handled by regulated third-party providers, offering higher security for investors’ assets.
What Does This Mean for Institutional Adoption?
Morgan Stanley’s move toward cryptocurrency trusts mirrors the broader adoption trend among financial institutions. It follows the path carved by Bitcoin ETFs, which have successfully attracted substantial institutional investments. Regulatory acceptance for such products signals growing confidence in cryptocurrency as an asset class.
This development comes at an opportune time for Solana, with over 563 million SOL tokens already staked across its network, contributing to price stability. Moreover, the trust’s institutional backing is expected to reduce sell pressure on the token, potentially boosting its long-term value.
Solana’s Market Reaction
Following the news, Solana’s price has responded positively, surging 2.44% in the last 24 hours to $138.77. The altcoin also witnessed a 43% increase in trading volume, amounting to $5.1 billion, its highest since December 2025. Technical analysis shows the token has successfully exceeded the 23.6% Fibonacci retracement level, signaling bullish momentum.
The next immediate resistance is at $151.18, while support lies at $117.88, aligning with significant Fibonacci levels. Market participants will closely monitor whether SOL can sustain its position above the $138.45 support level to maintain its upward trajectory.
How Does the Solana Trust Compare to Morgan Stanley’s Bitcoin Trust?
In addition to launching the Solana Trust, Morgan Stanley has also filed for a similar Bitcoin Trust. Like the Solana Trust, the Bitcoin counterpart will be passively managed, holding Bitcoin outright without derivatives or leverage. These trusts aim to simplify cryptocurrency exposure for investors who prefer traditional brokerage accounts.
Why This Matters
Institutional products like the Solana Trust and Bitcoin Trust mark a turning point in crypto adoption by providing secure, regulated ways to invest in digital assets. As cryptocurrencies like Solana and Bitcoin continue to gain traction, products that bridge the gap between traditional finance and blockchain technology stand to accelerate adoption further.
Where to Buy Solana
If you’re looking to invest directly in Solana before the trust’s launch, platforms like eToro offer beginner-friendly interfaces and multiple payment options. Keep in mind that cryptocurrency investments carry risks, so always conduct thorough research before investing.
Stay tuned for updates on Morgan Stanley’s Solana Trust and how it may shape the future of institutional crypto adoption.
