Despite Ether being down 60% from its 2025 high, traditional finance institutions continue investing in ETH due to Ethereum's dominant total value locked and widespread adoption. The article suggests Ethereum's position as the foundation of global onchain finance may eventually drive price recovery.
JPMorgan believes Bitcoin's current stagnation could be resolved by the Clarity Act, new cryptocurrency legislation that would provide regulatory clarity. The bank expects this legislation to boost institutional participation and accelerate tokenization across U.S. crypto markets.
Morgan Stanley has filed for a new national bank charter to offer cryptocurrency custody and staking services, marking a significant expansion into digital assets. This move comes shortly after the appointment of Amy Oldenburg as head of digital asset strategy, signaling the financial giant's commitment to cryptocurrency services.
Morgan Stanley has applied for a national trust bank charter to establish a dedicated digital asset custody and staking entity in the United States. This move represents a significant step by a major Wall Street firm into institutional cryptocurrency services.
Citibank has announced plans to introduce infrastructure to integrate Bitcoin into traditional banking systems by 2026, marking a significant institutional push to make cryptocurrency 'bankable'. This represents a major traditional financial institution's commitment to cryptocurrency adoption and infrastructure development.
Morgan Stanley has applied for an OCC bank charter to provide cryptocurrency custody services, marking another major step in the traditional banking giant's expansion into digital assets. This follows the firm's recent filing to launch Bitcoin, Ethereum, and Solana ETFs in January, demonstrating an accelerated push into the crypto space.