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American Banks Chase the Bitcoin FOMO With New ETF Filings | US Crypto News

Welcome to the US Crypto News Morning Briefing—your important rundown of the most vital developments in crypto for the day forward.

Grab a espresso as massive banks dip their toes into Bitcoin and crypto, as specialised gamers broaden providers. The US banking sector is signaling that crypto is turning into a part of the mainstream playbook, after years of working as a distinct segment experiment.

Crypto News of the Day: Morgan Stanley’s Crypto FOMO Awakens With Bitcoin and Solana ETF Filing

The momentum for 2026 accelerated yesterday when Bank of America (BofA) formally began advising its wealth administration purchasers to allocate up to 4% of their portfolios to digital assets. This marks a transparent endorsement of crypto as a professional element of diversified methods.

In the run-up to this debut, BeInCrypto first reported BofA’s plans in early December, indicating that the financial institution would start protection of 4 Bitcoin ETFs, together with BITB, FBTC, Grayscale Mini Trust, and IBIT, beginning January 5, 2026.

Today, Morgan Stanley joins the wave, submitting for Bitcoin and Solana ETFs, marking one other main institutional validation.

Morgan Stanley’s S-1 registration marks a major milestone in TradFi’s crypto adoption. With $1.6 trillion in property beneath administration (AUM), the financial institution is increasing consumer entry to each Bitcoin and Solana by regulated funding automobiles.

This transfer displays the rising development of Wall Street corporations turning regulatory filings into concrete motion, slightly than passive experimentation.

Taken collectively, the two developments illustrate how conventional monetary establishments are responding to market FOMO, racing to supply crypto providers earlier than consumer demand outpaces their capabilities.

“In simply 4 months, we’ve constructed one among the fastest-growing and strongest Bitcoin corporations on Earth. Proud to announce that American Bitcoin simply leaped to the #19 Largest Public Bitcoin Treasury…Disciplined accumulation. Relentless execution. The finest is but to return,” wrote Eric Trump in a latest submit.

Other US banks have additionally been increasing their crypto footprints for a while. JPMorgan Chase maintains a longstanding engagement by initiatives reminiscent of JPM Coin, a bank-issued token facilitating blockchain-based funds. It can be building broader infrastructure projects round digital property.

Goldman Sachs additionally maintains crypto trading desks and is providing institutional purchasers renewed entry to crypto markets. Citigroup, though nonetheless in its early phases, has expressed an intention to explore custody and trading services.

Charles Schwab has introduced plans to offer direct trading of Bitcoin and Ethereum on its consumer platforms, and PNC Bank has partnered with Coinbase to allow seamless crypto buying and selling by its purchasers’ accounts.

Banks Experiment with Crypto-Native Products as Regulatory Clarity Drives Adoption

State Street is growing stablecoins and tokenized property, together with bonds and cash market shares. This alerts that banks’ experimentation goes past buying and selling and custody, focusing on crypto-native monetary merchandise.

In custody-focused providers, US Bank (US Bancorp) has resumed Bitcoin custody for institutional managers, together with ETF custody.

“…we’re excited to renew the service this yr. Following better regulatory readability, we’ve expanded our providing to incorporate bitcoin ETFs, which permits us to offer full-service options for managers searching for custody and administration providers,” said Stephen Philipson, vice chair, US Bank Wealth, Corporate, Commercial and Institutional Banking, in a September announcement.

Meanwhile, BNY Mellon stays an early mover in safeguarding BTC and ETH holdings by devoted platforms.

Specialized crypto banks and fintech partnerships are additionally enjoying a task.

  • Cross River Bank, FDIC-insured, companions with Coinbase to facilitate crypto transactions through APIs.
  • Anchorage Digital turned the first federally chartered crypto financial institution in the US, specializing in institutional custody and blockchain providers.
  • Custodia Bank, previously Avanti Bank, affords crypto-specialized providers beneath a Wyoming constitution, reflecting a rising ecosystem of banks designed for digital property.

Regulatory momentum has been a key enabler. Updated steerage from the Federal Reserve, OCC, and FDIC now allows banks to custody crypto assets, facilitate trades, and supply digital asset providers.

This readability has emboldened conventional establishments to publicly sign their crypto choices, slightly than remaining passive observers. This creates a tipping level for broader adoption.

The tendencies are such that:

  • Custody and institutional merchandise symbolize the first wave of adoption,
  • Followed by wealth administration and ETFs,
  • Partnerships with exchanges enable banks to enter the market with out constructing a full infrastructure in-house.

As regulatory certainty grows, extra establishments are anticipated to comply with, additional cementing crypto’s place in mainstream finance.

Chart of the Day

Morgan Stanley Bitcoin Trust S-1 registration filed January 6, 2026. Source: SEC Filing

Byte-Sized Alpha

Here’s a abstract of extra US crypto information to comply with at this time:

Crypto Equities Pre-Market Overview

Company Close As of January 5 Pre-Market Overview
Strategy (MSTR) $164.72 $165.41 (+0.42%)
Coinbase (COIN) $254.92 $256.00 (+0.42%)
Galaxy Digital Holdings (GLXY) $26.30 $26.32 (+0.076%)
MARA Holdings (MARA) $10.59 $10.58 (-0.10%)
Riot Platforms (RIOT) $14.79 $14.79 (0.00%)
Core Scientific (CORZ) $16.73 $17.35 (+3.71%)
Crypto equities market open race: Google Finance

The submit American Banks Chase the Bitcoin FOMO With New ETF Filings | US Crypto News appeared first on BeInCrypto.

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