Morgan Stanley files for low-fee Solana ETF as SBI launches tokenized fund in Japan
Crypto Briefing 2026-07-20 21:03:06
Context: Morgan Stanley has filed for a low-fee Solana exchange-traded fund (ETF), while SBI has launched a tokenized fund in Japan. This development indicates growing institutional interest in cryptocurrency investment products. The move by Morgan Stanley and SBI comes as Solana's price is predicted to reach $90 by July 2026.
Key Facts
- Morgan Stanley has filed for a low-fee Solana ETF, signaling the firm's intention to offer a cost-effective investment vehicle for clients interested in gaining exposure to the cryptocurrency.
- SBI, a Japanese financial services company, has launched a tokenized fund in Japan, expanding its presence in the country's digital asset market.
- Solana's price is predicted to reach $90 by July 2026, with a 9% increase expected, according to a forecast.