Finance & Banking — Wall Street Deepens Crypto Involvement as Bitcoin ETF Approved

Finance & Banking · 2026-04-16

TODAY'S SIGNAL — The convergence of institutional crypto adoption and regulatory clarity is accelerating faster than most bank strategists projected. Morgan Stanley's bitcoin ETF launch — pulling in $100 million in its first week on a market-low 0.14% fee — signals that the major wirehouses are now competing on price to capture digital asset flows, not debating whether to offer them.…