Morgan Stanley partners with Galaxy Digital to support clients in converting cryptocurrencies into spot ETFs
Foresight News reports, according to Barron's, the Morgan Stanley Wealth Management division has partnered with Galaxy Digital, allowing high net worth clients holding Bitcoin, Ethereum, or Solana to convert their direct holdings into spot crypto ETFs. The converted ETFs can be used as securities collateral for financing, with a minimum transaction threshold of 5 million US dollars. In July 2025, the SEC approved a physical conversion mechanism between direct holdings of crypto assets and spot crypto ETFs, providing a regulatory foundation for this collaboration.
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