Wall Street's Crypto Takeover: Morgan Stanley Joins BlackRock, Fidelity in $123 Billion Bitcoin ETF Market
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Wall Street's Crypto Takeover: Morgan Stanley Joins BlackRock, Fidelity in $123 Billion Bitcoin ETF Market
"The Wall Street Bitcoin ETF takeover has crossed a defining threshold. What began as cautious experimentation has turned into coordinated institutional dominance, with Morgan Stanley joining BlackRock and Fidelity in a Bitcoin ETF market now worth over $123 billion. This reflects the alignment of regulation, client demand, and competitive pressure pulling Bitcoin ( ) squarely into traditional finance. Cryptocurrency exposure is becoming standard as large banks and asset managers integrate ETFs into advisory products and retirement plans."
"The Bitcoin ETF story represents one of the fastest institutional adoption cycles in financial history. Decades of SEC denial ended in January 2024 when court decisions compelled the agency to greenlight eleven spot Bitcoin ETFs, eliminating longstanding custody and regulatory concerns. Institutional capital responded immediately. Bitcoin ETFs attracted $35.2 billion in cumulative net inflows in 2024, and the total net assets now stand at $123.52 billion."
Institutional capital has turned Bitcoin ETFs into a primary pathway for crypto exposure, creating a market exceeding $123.52 billion. Regulatory clarity after January 2024 court decisions allowed eleven spot Bitcoin ETFs, removing custody and regulatory obstacles. In 2024 Bitcoin ETFs drew $35.2 billion in cumulative net inflows, and early 2026 saw over $1.2 billion in one week, reflecting continued institutional interest. Large banks and asset managers now integrate Bitcoin ETFs into advisory products and retirement plans, shifting allocations toward long-term institutional flows instead of speculative momentum. Morgan Stanley's entry marks a further step in bank-led institutional adoption.
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