Morning Minute is a daily newsletter written by Tyler Warner__. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack__.

GM!

Today’s top news:

• Crypto majors fall for first time in 2026; BTC at $92k
• Morgan Stanley files for BTC, ETH and SOL ETFs
• US Senate schedules key vote for crypto market structure bill for next week
• Hyperliquid releases progress map, leads to speculation of next airdrop
• Nike announced it has sold off RTFKT; Clone X jump 250%

💰 Morgan Stanley Files for Bitcoin, ETH and Solana ETFs

Wall Street isn’t just dipping a toe anymore.

They’re diving in headfirst.

📌 What Happened

Morgan Stanley filed paperwork with the SEC to launch spot Bitcoin and Solana ETFs yesterday, followed shortly by a filing for an Ethereum ETF as well, marking another major step by a top-tier Wall Street bank into regulated crypto products.

The filing comes as crypto ETF demand surged to start 2026.

U.S. spot Bitcoin ETFs just saw roughly $697M in net inflows on Monday, the largest single-day total since October, as Bitcoin pushed back toward the low-to-mid $90Ks.

That pushed their 2-day total for 2026 to $1.16B.

The timing matters.

After a choppy Q4 marked by drawdowns and tax-related selling, institutions appear to be stepping back in with size.

🗣️ What They’re Saying

“Back in October, Morgan Stanley dropped restrictions on financial advisors recommending crypto ETFs…
Now launching their own.
Makes sense given Morgan’s massive distribution.
Clearly they were seeing meaningful demand from clients for crypto ETFs.” - Nate Geraci, on X

Morgan Stanley manages 20 ETFs, but mostly under the Calvert/Parametric/Eaton Vance brands. These will be the 3rd and 4th ETFs to bear the "Morgan Stanley" brand. Pretty remarkable. https://t.co/oL1sX0LCcO

— Matt Hougan (@Matt_Hougan) January 6, 2026