Wall Street Embraces Crypto, States Rethink Bitcoin Reserves

In today's episode, we explore the growing involvement of Wall Street and major ETF firms in the cryptocurrency market, marking a significant shift towards mainstream acceptance. Meanwhile, several U.S. states, including Florida, are pulling back on plans to establish strategic Bitcoin reserves, with New Hampshire standing out as an exception. We also discuss the regulatory changes encouraging financial institutions like Morgan Stanley to expand their crypto offerings. Join us for an in-depth look at these pivotal developments in the world of digital assets.

Sources:
https://www.pymnts.com/cryptocurrency/2025/states-halting-efforts-to-create-strategic-bitcoin-reserves/
https://99bitcoins.com/news/presales/wall-street-is-merging-with-web3-why-crypto-stocks-are-the-trade-of-q2/
https://www.coindesk.com/policy/2025/05/05/u-s-crypto-market-structure-bill-unveiled-by-house-lawmakers
https://www.fingerlakes1.com/2025/05/06/blackrock-ibit-etf-inflows-2025/
https://www.cryptoninjas.net/news/sec-unites-wall-street-heavyweights-for-pivotal-tokenization-summit/
https://thecryptobasic.com/2025/05/07/first-us-state-bitcoin-strategic-reserve-goes-live-in-new-hampshire-allocating-5-of-treasury-to-btc/
https://cryptonews.com.au/news/bitcoin-reserve-bills-face-setbacks-as-florida-joins-growing-list-of-rejecting-states-128916/
https://u.today/breaking-first-us-state-passes-strategic-bitcoin-reserve-bill
https://www.nasdaq.com/articles/new-hampshire-becomes-first-state-pass-strategic-bitcoin-reserve-bill-law
https://www.mitrade.com/insights/crypto-analysis/bitcoin/fxstreet-BTCUSD-202505061657
https://www.financialadvisoriq.com/c/4844024/638974
https://fortune.com/crypto/2025/05/01/morgan-stanley-reportedly-plans-crypto-trading-etrade/
https://www.investopedia.com/morgan-stanley-planning-to-add-crypto-trading-to-e-trade-platform-report-says-11725555
https://www.coindesk.com/markets/2025/05/01/morgan-stanley-eyes-launching-crypto-trading-through-etrade-bloomberg
https://www.advisorperspectives.com/articles/2025/05/01/morgan-stanley-offer-crypto-trading-e-trade-clients