Morgan Stanley has been active this year, reporting three spot ETF products for BTC, ETH, and SOL to regulators within just 24 hours. This time, it's not just on paper; real funds have already been allocated.

In the first half of next year, its E*Trade platform will allow retail investors to directly trade these three cryptocurrencies. Even more ambitious is the plan for the second half of the year—Morgan Stanley intends to launch its own wallet, which is not just a simple storage solution but a comprehensive management tool capable of holding tokenized assets such as cryptocurrencies, stocks, and bonds.

This time, Wall Street's top investment bank is personally involved, not just testing the waters but making a full commitment. Traditional financial giants are about to enter the market, which will reshape the entire crypto market's pricing power and liquidity. Now, endure the downturn and look forward to witnessing this moment together in the second half of the year.