Bitcoin Needs A New Catalyst, Ethereum, Solana, XRP Have Distinct Appeal, Top Morgan Stanley Exec Says
Posted On June 11, 2026
Bitcoin (CRYPTO: BTC) could eventually reach $1 million, but its path to a new all-time high may require a major catalyst that reinforces its role as decentralized financial infrastructure, according to a Morgan Stanley (NASDAQ:MS) executive.
“We’re Still Early Stage Here“
Speaking on the Coin Stories podcast, Amy Oldenburg, head of digital asset strategy at Morgan Stanley, said Bitcoin’s long-term adoption story remains in its early stages even as major financial institutions continue building products around the asset.
The firm recently launched its Bitcoin exchange-traded product, (NASDAQ:MSBT), which she said had the best first-day ETF debut in Morgan Stanley’s history.
Morgan Stanley recommends Bitcoin allocations …
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