Morgan Stanley boosts Solana exposure to $29.9M via Bitwise ETF
Morgan Stanley has increased its exposure to Solana by investing $29.9 million in Bitwise's Solana staking ETF. This move is part of a broader strategy to engage with crypto-linked exchange-traded products. Despite Solana's current trading struggles, Morgan Stanley is expanding its crypto investment portfolio.
- ▪Morgan Stanley now holds $29.9 million in Bitwise’s Solana staking ETF.
- ▪This investment marks a significant increase in the firm's indirect exposure to Solana.
- ▪The move comes as Solana trades approximately 38% below its yearly open.
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<img src="https://static.cryptobriefing.com/wp-content/uploads/2026/05/16113345/solana-sol-logo-457x457.png" alt="Morgan Stanley boosts Solana exposure to $29.9M via Bitwise ETF" class="w-full aspect-[19/10] object-cover" /> Morgan Stanley boosts Solana exposure to $29.9M via Bitwise ETF The Wall Street giant is quietly building a multi-pronged Solana strategy, even as SOL trades 38% below its yearly open. Share Add us on Google by Editorial Team May. 16, 2026 Morgan Stanley now holds $29.9 million in Bitwise’s Solana staking ETF, a meaningful increase in the firm’s indirect exposure to SOL during the first quarter of 2025. In the context of traditional finance touching Solana-specific products, it’s one of the larger public positions on record.
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