Morgan Stanley entering the Bitcoin ETF space isn't a late move—it's vindication of what's already happening in the market.

The scale of BTC has grown far beyond what institutional players originally estimated. What started as niche financial speculation has evolved into something culturally embedded. Bitcoin isn't just another asset class anymore; it's become a social priority.

Here's what really matters: in crypto markets, control follows distribution. The platforms that can capture and retain the end user own the relationship. That's why we're seeing major financial institutions rush to offer Bitcoin exposure—they're not chasing returns, they're fighting for wallet share. It's a game about platform dominance disguised as product innovation.

This shift tells you everything you need to know about where Bitcoin stands in 2025.