Morgan Stanley Files for Two Crypto ETFs, But Skips Key Asset
The U.S. banking giant has applied to launch two cryptocurrency-focused exchange-traded funds, while notably excluding a significant digital asset from its filings.
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Terms & Concepts
Crypto ETF: An exchange-traded fund that provides exposure to cryptocurrencies, allowing investors to buy shares representing digital asset holdings without directly owning them.
Exchange-Traded Fund (ETF): A pooled investment that trades on stock exchanges, holding assets such as stocks, bonds, or commodities, and in this context, cryptocurrencies.