Daily Market Wrap | Jan. 07

Hot Topics

• Morgan Stanley files SEC S-1 for spot Bitcoin ETF and staking-enabled spot Solana ETF.
• U.S. spot Bitcoin ETFs post $243M net outflows on Tuesday, led by Fidelity's FBTC, ending early-year inflow streak.
• MicroStrategy stock rallies as MSCI confirms no immediate bar on digital asset treasury firms from indexes.

Market Updates

• Barclays acquires undisclosed stake in U.S. stablecoin clearing startup Ubyx, marking its first such investment for regulated tokenized money exploration.
• Ripple reaffirms no IPO plans, citing strong balance sheet and private growth focus post-$500M raise.