https://247wallst.com/investing/2026/07/08/morgan-stanley-says-a-1-trillion-shift-is-coming-to-wealth-management/
Morgan Stanley, Wall Street’s largest wealth manager, has filed for a Solana spot ETF with the lowest sponsor fee in the U.S., at 0.14%. Concurrently, SBI Global Asset Management has launched Japan’s first tokenized equity fund on the Solana blockchain. Despite these significant institutional developments, Solana’s native token, SOL, remains at a 2.5-year low, within the $68–$77 range.
The Morgan Stanley ETF filing includes prominent service providers such as Figment, Galaxy Blockchain Infrastructure, and Coinbase Canada, passing 95% of yield rewards to fund holders. Meanwhile, the SBI-JX fund offers institutional and accredited investors on-chain access to a high-dividend Japanese equity strategy. These moves mark a notable increase in institutional infrastructure around Solana, suggesting a growing adoption of blockchain technology in traditional financial markets.
Despite these advances, market pricing suggests limited immediate impact on Solana’s price, with a consistent risk-off sentiment prevailing. Current market data indicates only a 9% likelihood that Solana will reach $90 by August 1, 2026, reflecting cautious optimism amid broader market conditions.
