Morgan Stanley will provide cryptocurrency fund access to all its wealth management clients, beginning October 15, 2025, significantly broadening investment opportunities previously restricted to ultra-high-net-worth individuals.
This policy shift marks an important step for mainstream crypto adoption, potentially boosting asset prices and influencing institutional investment strategies.
Crypto Investment Demand Drives Strategic Change
The decision is expected to lead to increased client engagement with crypto investment, driven by growing demand and competitive pressure. Hunter Horsley has hailed the move as a “milestone” in crypto's mainstream adoption.
This expansion is anticipated to boost financial flows into Bitcoin, Ethereum, and Solana, following historical trends of increased liquidity and asset management growth. Regulatory bodies remain silent, with no new guidance issued regarding Morgan Stanley's latest offering.
Morgan Stanley Follows BlackRock and Fidelity’s Crypto Lead
Past expansions by wealth managers have resulted in rapid asset growth, most notably seen with BlackRock and Fidelity's Bitcoin ETF launches. These events often trigger short-term price rallies in major cryptocurrencies like BTC and ETH.
Leading analysts indicate this latest move aligns with wider regulatory trends favoring crypto inclusion under current governance. Industry expert Hunter Horsley views the shift as indicative of crypto’s broader acceptance among institutional investors.
Lisa Shalett, Chief Investment Officer, Morgan Stanley — “Crypto should be viewed as a speculative and increasingly popular asset class, and now forms part of the firm’s diversified portfolio guidance” source.

