Wall Street’s crypto push is accelerating.

In this episode of Public Keys, host Jennifer Sanasie is joined by Bloomberg Intelligence Senior Analyst James Seyffart to break down what Morgan Stanley’s Bitcoin ETF could mean for institutional flows, fee competition, and the next phase of crypto adoption.

Giang Bui, Vice President and Head of Issuer Growth at Securitize, explains how the company is working with the New York Stock Exchange to bring tokenized equities to investors, and how this shift could reshape market infrastructure with 24/7 trading, faster settlement, and broader access.

The conversation then turns to XRP’s institutional outlook with Sal Gilbertie, Founder and CEO of Teucrium, who shares his perspective on XRP’s role in the future of finance and how investors are approaching crypto exposure through ETFs.

This episode covers:

What Morgan Stanley’s Bitcoin ETF signals for the market
The rise of tokenized stocks and always-on trading
The current state of crypto ETF flows and investor demand
XRP’s evolving role in institutional portfolios

Timecodes:

00:29 Debate Sparks Over Canton Network on X

01:42 Is Bitcoin Still Cool?

02:20 No One 100% Happy With Stablecoin Yield Agreement

03:00 NYSE Partners With Securitize for Tokenized Securities

07:23 What Demand and Challenges Do Issuers Face?

11:04 What Does Morgan Stanley's BTC ETF Signal?

14:25 Bitcoin and Ether ETF Flows

20:12 Leveraged ETF Basics

22:02 Bullish Case for XRP

26:09 Macro Watch and Corn ETF Performance

This episode was hosted by Jennifer Sanasie.

What Morgan Stanley's BTC ETF Signals; XRP's Institutional Outlook