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Mainstream financial institutions on Wall Street are fully embracing cryptocurrencies. JPMorgan plans to deploy JPM Coin on the Canton network to further accelerate institutional-level settlement efficiency; Morgan Stanley has submitted applications for Bitcoin and Solana spot ETFs; Barclays is also active, investing in Ubyx to develop stablecoin settlement solutions; Bank of America is even more direct—allowing its investment advisors to recommend Bitcoin ETF products to clients. The logic behind these moves is clear: traditional financial systems are actively confirming the asset properties and settlement functions of cryptocurrencies. From compliance to product implementation, institutional actions are accelerating rapidly.