Morgan Stanley plans to launch a spot Bitcoin ETF alongside Solana and Ethereum ETFs that bake in staking as a source of incremental yield.
The move reflects institutional confidence that blockchain networks can generate yield within compliant structures. That confidence, however, comes with its risks.
Goldman’s acquisition of Innovator boosts its scale in a fast-growing corner of public markets, nudging the firm away from the revenue swings.
Goldman’s Asset Management is gradually evolving from a peripheral role in the firm’s trading and investment banking operations to a key growth engine.
