Crypto News Daily

Morgan Stanley has filed with the U.S. Securities and Exchange Commission (SEC) to establish a Solana Trust, marking a significant institutional interest in the Solana blockchain. This move is part of a broader trend of traditional financial institutions exploring crypto assets, potentially increasing Solana's adoption and market value.

Bank of America has introduced a new service offering crypto investment recommendations to its wealth management clients, suggesting up to a 4% portfolio allocation in digital assets. This initiative reflects the growing acceptance of cryptocurrencies in mainstream financial advisory services, potentially driving further market participation.