Recent developments signal increasing mainstream adoption of Bitcoin, driven primarily by institutional interest and innovative financial products. Morgan Stanley is poised to launch MSBT, the first bank-issued spot Bitcoin ETF, leveraging its extensive financial advisor network of 16,000 advisors and $6.2 trillion in AUM. This follows their earlier allowance of Bitcoin ETF purchases for brokerage customers. Simultaneously, Fannie Mae will accept Bitcoin as collateral for home loans through a partnership with Better Home & Finance and Coinbase, potentially unlocking liquidity for real estate. Bernstein analysts have issued a bullish call, predicting a Bitcoin bottom and a 226% upside to $150,000, citing $2.2 billion in net ETF inflows and institutional demand absorbing selling pressure. Franklin Templeton and Ondo are launching tokenized ETFs for 24/7 trading, expanding access to global investors. CoinShares has filed for Bitcoin volatility ETFs, offering exposure to price swings. However, MARA Holdings sold 15,133 BTC ($1.1B) to reduce debt, a move met with mixed reactions. SWIFT’s new payment infrastructure also highlights Ripple’s network, potentially benefiting XRP.
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