MORGAN STANLEY FILES FOR CRYPTO ETFS
Institutional Milestone: Morgan Stanley files for BTC, ETH, and SOL ETFs, signaling major Wall Street adoption.
Market Dip: BTC drops 2.6% to $90,613; ETH falls 4% to $3,133 amid $460M total liquidations.
Technicals: BTC RSI neutral, MACD mixed; support at $90,000 while ETH tests $3,050 support level.
Market Status
BTC is trading at $90,613, down 2.63% in 24 hours, with a total market capitalization of $1.81 trillion.
ETH price stands at $3,133, a 4.03% daily decline, as the total crypto market cap fell $97B to $3.08T.
24-hour trading volume for BTC reached $42.7 billion, reflecting high activity despite the recent price correction.
The Fear and Greed Index has cooled to 43 (Neutral), indicating a shift from recent bullish sentiment.
Driving Factors
Morgan Stanley filed S-1 registration statements for Bitcoin, Solana, and Ethereum Trusts, including innovative staking features.
The bank plans to integrate direct crypto trading for 19 million retail clients via its retail platform in H1 2026.
Regulatory tailwinds from the 2025 GENIUS Act have streamlined SEC listing standards, facilitating institutional entry.
Institutional Bitcoin ETF assets have surpassed $123 billion, with Morgan Stanley's entry expected to accelerate capital inflows .
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Trading Strategy
BTC key support is at $90,000; a sustained break below this level could lead to a retest of $89,241.
$ETH faces immediate support at $3,050, with resistance at $3,160 needed to invalidate the current bearish trend.
Recommended strategy: Accumulate
$BTC in the $90,000-$91,000 range with a strict stop-loss at $88,500.
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