Morgan Stanley Registers for SOL ETF – Is This the Start of Wall Street’s Next Crypto Obsession?

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Alejandro Ariche

Author

Alejandro Ariche

Since part of the group

December 2024

About the author

Alejandro is a financial analyst and accomplished business professional with over seven years of experience identifying complex business topics and important market trends. His insightful writing,…

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Last Updated:

January 7, 2026

As Wall Street's appetite for cryptos grows, Morgan Stanley, one of America's largest banks, has announced that it will launch an exchange-traded fund (ETF) linked to Solana, providing Solana with price forecasts.

The financial institution filed the necessary paperwork to list both Solana and Bitcoin ETFs on Tuesday. These are the first crypto-related products to be brought to the US market.

Solana ETFs, the first of these funds, attracted $801 million just 6 months after its country launch.

The largest of these ETFs in terms of assets under management (AUM) remains Bitwise's BSOL ETF at $730 million.

Rewards are an attractive feature for investors. As of this writing, BSOL's stock yield stands at 6.75%. These rewards are added to the fund's assets daily and should increase the ETF's value over the long term.

Solana price forecast: SOL eyes $230 as positive momentum accelerates

Morgan Stanley's decision to launch the Solana ETF gives this altcoin strong credibility. It also provides further proof of Wall Street's strong interest in tokens beyond Bitcoin.

Last week, SOL gained 9% and currently sits at $138. Meanwhile, transaction volumes stand at $5.5 billion, which covers 7% of the property's market value.

The daily price action shows that the SOL has broken out of a falling wedge pattern. This is a bullish setup that typically ensures a trend reversal once broken.

The token's latest target will be the $160 level, as the market may retest the 200-day exponential moving average (EMA).

Meanwhile, if SOL crosses the 200-day EMA, it could quickly reach $200, aided by growing institutional interest on Wall Street.

As interest in Solana's ecosystem grows, high-profile crypto presales like Bitcoin Hyper ($HYPER) may eventually catch Wall Street's attention as well. This is a powerful Solana-based Bitcoin L2 that makes it easy for BTC investors to earn passive income on their assets.

Bitcoin Hyper (HYPER) leverages Solana's efficiency to enhance Bitcoin's DeFi ecosystem.

Bitcoin Hyper ($HYPER) brings real utility to Bitcoin by unlocking Solana's high-speed infrastructure for fast, low-cost DeFi.

With Hyper Bridge, BTC holders can tap directly into Hyper Layer 2 from the Bitcoin network, never leaving protection.

This means lending, sharing and yielding on BTC for the first time.

As more Bitcoin flows into Hyper L2, the demand for $HYPER increases.

Investors have invested more than $30 million, demonstrating its potential to revitalize the Bitcoin ecosystem and open the door to true on-chain utility.

To buy $HYPER before the pre-sale ends, simply go to the official Bitcoin Hyper website and connect a compatible wallet like Best Wallet.

You can exchange USDT or SOL for this token or use a traditional bank card to complete your purchase.

Visit the official Bitcoin Hyper website here