CoinDesk Podcast Network What Morgan Stanley's BTC ETF Signals; XRP's Institutional Outlook
Mar 30, 2026
Sal Gilberti, CEO of Teucrium, on leveraged XRP ETFs and macro links. Giang Bui, Securitize VP, on tokenized equities and 24/7 trading. James Seyffart, Bloomberg Intelligence analyst, on Bitcoin ETF flows and institutional demand. They discuss Morgan Stanley’s low-fee BTC ETF, tokenization reshaping markets, and XRP’s evolving product and market role.
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Tokenized Stocks Enable Always On Trading
- Tokenized equities modernize capital markets by enabling 24/7 trading and instant settlement.
- Giang Bui says Securitize will mint tokens and act as the NYSE digital asset transfer agent to list those tokens on the NYSE platform.
Tokenization Lets Investors Own And Leverage Shares
- Tokenization gives investors direct ownership and new uses like borrowing against holdings without liquidating.
- Giang Bui explains token holders can be on the shareholder record and use DeFi protocols to borrow against tokenized stock positions.
Morgan Stanley Undercuts Crypto ETF Fees
- Morgan Stanley's planned 14 bps Bitcoin ETF fee is aggressively low and undercuts major competitors.
- James Seyffart notes Grayscale is 15 bps and IBIT is 25 bps, making 14 bps a standout pricing move.