Major development: Morgan Stanley, one of the world's largest wealth management firms with assets exceeding $1.3 trillion, has filed for a spot Bitcoin ETF. This move marks a significant milestone in institutional Bitcoin adoption. When titans of traditional finance make such commitments, it signals growing confidence in Bitcoin's role as a legitimate asset class. The filing underscores how institutional players are increasingly recognizing Bitcoin's potential to complement diversified investment portfolios. This isn't just another ETF application—it reflects the broader shift in how Wall Street views digital assets. With major financial institutions moving into the space, the narrative around Bitcoin continues to evolve from speculative asset to institutional-grade investment vehicle.