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Morgan Stanley Bitcoin Trust ETF Withdraws 106.04 BTC from Coinbase Prime
Odaily reports, as monitored by Onchain Lens, the Morgan Stanley Bitcoin Trust ETF has withdrawn 106.04 BTC, worth approximately $7.01 million, from Coinbase Prime.
Bitcoin
Coinbase
Onchain
OpenAI appoints two CEOs of publicly traded financial companies as independent directors ahead of IPO
on July 21, OpenAI, the developer of ChatGPT, announced the appointment of David Velez, founder and CEO of Brazilian digital bank Nubank, and Robin Vince, CEO of BNY Mellon, as independent directors of the foundation and the company. With the addition of two new independent directors, OpenAI's board will expand from eight to ten members. David Velez founded Nubank in 2013 and previously led Latin American investments at Sequoia Capital, Goldman Sachs, and Morgan Stanley. Robin Vince spent 26 years at Goldman Sachs, serving as Chief Risk Officer and Chief Operating Officer. OpenAI is currently controlled by a non-profit foundation that pursues a for-profit public benefit corporation. Most board members serve on both the foundation and the company's board, with CEO Sam Altman being the sole internal director.
Robin
NVIDIA (NVDA): Multiple KOLs Bullish on AI Computing Power Demand Growth
According to monitoring by the BlockFlow KOL opinion aggregation platform, NVIDIA (NVDA) has received bullish views from multiple KOLs, with key arguments including AI model release speeds exceeding compute supply, Morgan Stanley issuing a best risk-reward rating, and continued growth in advanced packaging capacity.
Bullish
Kollect
Kollectiv
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ProtoKOLs
Morgan Stanley Warns AI-Driven Memory Crisis Will Continue to Worsen, Storage Prices May Rise Over 25% in a Single Quarter
Citrini analyst Jukan, citing Morgan Stanley analyst Joseph Moore, stated on X that the memory shortage in the data center sector is continuing to deteriorate, with no signs of easing market supply pressure, and the tightness of memory supply remains higher than expected. Currently, compared to the projected levels for the second quarter of 2026, prices for memory products with the same specifications have already risen by at least 25% in the third quarter, exceeding previous forecasts by Morgan Stanley and third-party institutions.The tight memory supply situation could further intensify in 2027 and 2028. Current available memory resources in the market cannot meet the rapidly growing demands of the artificial intelligence industry, and this situation is unlikely to change in the short term. AI is consuming a large amount of DRAM production capacity, reducing the memory resources available for other industries, and the production of consumer electronics such as PCs and smartphones has already been affected.AI is consuming a large amount of DRAM production capacity, reducing the memory resources available for other industries, and the production of consumer electronics such as PCs and smartphones has already been affected. The demand from AI is not only impacted by the memory shortage; memory itself is gradually becoming one of the key bottlenecks limiting AI development, on par with data center space and power supply. Additionally, some cloud computing customers are paying higher-than-expected prices to secure memory products delivered six weeks early. The market believes that as AI server construction continues to expand, pressure on the supply chains for High Bandwidth Memory (HBM) and DRAM may persist further.
Current
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Analysis: Kimi Sparks Wall Street Concerns Over "Second DeepSeek Shock", Funds Flowing Out of High-Valuation Tech Stocks
According to The Wall Street Journal, following Moonshot AI's release of the low-cost, high-performance large model Kimi K3, Wall Street has once again seen concerns about a "DeepSeek-style shock," with the AI chip sector facing selling pressure. Morgan Stanley stated that the market may experience AI industry turbulence similar to that triggered by DeepSeek in early 2025, where the rise of low-cost, high-performance AI models could challenge top U.S. model developers such as OpenAI and Anthropic, while simultaneously weakening demand for the large-scale compute infrastructure underpinning the U.S. AI investment boom.
Moonshot
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Street
Morgan Stanley: Raises TSMC Target Price to NT$2,988, Maintains "Overweight" Rating
According to STAR Market Daily, Morgan Stanley issued a report indicating that TSMC's 2026 full-year revenue guidance significantly exceeded expectations. The company raised its 2026 revenue growth guidance to over 40% year-on-year, previously over 30%. Management attributed the upward revision to strong AI demand, despite challenges in consumer demand. Cloud Service Providers (CSP) customers are rapidly increasing cloud capital expenditure. TSMC did not update its AI semiconductor revenue CAGR forecast, but stated that actual performance is higher than the previous forecast of 55%-60%. The bank believes a 70% to 80% CAGR for TSMC's AI semiconductor business is a reasonable assumption. The bank raised its target price from 2,888 New Taiwan Dollars to 2,988 New Taiwan Dollars, maintaining an "Overweight" rating. In a volatile market environment, the company's quality profitability should continue to attract capital inflows; next, the 2026 second-quarter cloud capital expenditure updates announced by CSP customers will be an important catalyst.
Market
Price
Starpower
PayPal Board Believes Stripe and Advent's $53 Billion Acquisition Offer Is Too Low
According to Reuters, the PayPal board believes the $53 billion acquisition offer ($60.50 per share) jointly proposed by Stripe and private equity firm Advent International undervalues the company, and has concerns regarding regulatory approval risks and financing certainty; it has not yet formally responded to the proposal. The PayPal board believes that if management successfully executes the existing transformation strategy, the company's future potential value will far exceed the current offer. Meanwhile, the acquirers have obtained approximately $50 billion in financing support from JPMorgan Chase and Morgan Stanley, with Stripe and Advent contributing a combined $17 billion in equity. Reportedly, if the parties encounter antitrust hurdles, they may consider divesting assets such as PayPal's Braintree to Advent. Despite differences, Stripe and Advent are still regarded as the most serious potential buyers at present, and negotiations are expected to continue for some time. PayPal will release its quarterly earnings report on July 28, and the market will closely monitor the growth of its core checkout business.
Meanwhile
PayPal
Stripe
摩根大通
Serenity: Small Wafer Allocation Could Support Hundreds of Millions in Gross Profit; CPO Volume Expansion May Further Unlock Growth Potential
"White Hair Stock God" Serenity published an analysis stating that if Sivers obtains approximately 10% of wafer capacity allocation from foundry Win Semi through an asset-light model, under the assumptions of 65% yield and an ASP of $50 to $75, the annual revenue from its optical array products could reach $341 million to $512 million. Based on management’s gross margin target of 50% to 60%+, the corresponding annual gross profit would be approximately $205 million to $307 million.At Sivers' current market cap of around $1.1 billion, the market cap-to-gross profit multiple in this scenario would be only about 3.6x to 5.4x. If the capacity allocation increases to 15%, annual gross profit could rise to between $307 million and $461 million, correspondingly reducing the valuation multiple to 2.4x to 3.6x.Serenity pointed out that Sivers' CEO has previously confirmed the company is cooperating with more wafer fabs to expand capacity, and since 2024, the scope of its supply chain certifications has been continuously expanding. With the accelerated development of the co-packaged optics (CPO) market, future revenue guidance and capacity plans may be further revised upward.On the demand side, supply of continuous wave (CW) lasers remains tight. Lumentum’s financial report indicates the company has begun purchasing CW lasers from the open market to fulfill EML orders. TrendForce data shows that AMD is securing related capacity through long-term agreements. Serenity believes that as Sivers enters mass production with partners such as GlobalFoundries, Jabil, Ayar Labs, POET, and O-Net, any newly added and certified independent capacity could be quickly absorbed by the market.Additionally, a recent report from Morgan Stanley has listed Sivers, with a market cap of approximately $1.1 billion, as one of the three core players in the CPO laser field, alongside Coherent and Lumentum, which each have market caps exceeding $55 billion. Serenity believes that beyond its existing business, Sivers—having listed on Nasdaq—may also expand its TAM through future M&A, replicating the growth path of Lumentum's acquisition of Cloud Light to enter the complete optical module and optical engine market.
Aspecta
Based
Based
Coherent
EML Protocol
Light
Morgan Stanley's E*TRADE Launches Spot Cryptocurrency Trading
E*TRADE, the online investment platform under Morgan Stanley, has launched spot cryptocurrency trading functionality. Eligible clients can now directly buy, sell, and hold Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) through the E*TRADE platform.This crypto trading service is powered by digital asset infrastructure provider zerohash. Users can trade through a linked zerohash account and view both their digital asset and traditional investment portfolios within the E*TRADE platform.E*TRADE stated that the fee for spot crypto trading is priced at 50 basis points (50 bps), with asset transfer functionality expected to be launched later this year.This launch marks a further step in Morgan Stanley's digital asset strategy. Previously, E*TRADE has been continuously upgrading its investment service system, including launching retirement planning tools, fractional share trading, an upgraded IPO center, and feature optimizations for Power E*TRADE Pro aimed at active traders. (Businesswire)
Bitcoin
Ethereum
Polytrade
Solana
UniTrade
zerohash
AI computing power energy infrastructure Bloom Energy secures $1.7 billion project investment, with IDF participating
Odaily Bloom Energy, an AI computing power energy infrastructure provider, announced a substantial $1.7 billion project investment, with Industrial Development Funding (IDF) and asset management giant Oaktree participating. It is reported that Bloom Energy will provide Nebius, an AI cloud computing company, with dedicated "behind-the-meter power" capabilities to meet the growing demand for AI computing power. (Prnewswire)
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Bloom
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Bloom
Morgan Stanley: Storage Stocks Pull Back 15% to 25%, Market Shifting from Price Hike Elasticity to Earnings Sustainability
According to TechFlow Research, Morgan Stanley pointed out in its TMT webcast on July 14 that Asian memory stocks have pulled back 15% to 25% over the past month, while the chip sector overall traded sideways. Fundamentals have not reversed; it is the valuation framework that is shifting. Three key variables determine the direction: CSP capital expenditure expectations are 30% to 37% above consensus, with the end of July earnings season serving as the first validation window; LTAs are easing fears of a cyclical downturn, with price floors raised after more than half of contracts are locked; Yangtze Memory Technologies Fab4 and Fab5 each plan approximately 100kwpm capacity. If capital expenditure discipline is maintained, tight NAND supply and demand can continue until 2028; if capacity expansion accelerates, it becomes the biggest oversupply risk. Morgan Stanley assesses that the pricing logic for memory stocks is shifting from cyclical high volatility to structural mid-to-high returns; companies that can prove they possess sustainable profitability will command a valuation premium.
Hike
Market
Memory
Price
Toyota Spin-off Robotics Startup Walden Robotics Completes Approximately $300 Million Seed Funding Round, Valuation Reaches $1.1 Billion
According to Bloomberg, humanoid robot startup Walden Robotics, spun off from Toyota's robot research lab, announced the completion of approximately $300 million in seed funding, reaching a valuation of $1.1 billion, and officially emerging from stealth mode. This round was co-led by Deviation Capital and Toyota Motor Corporation, with Toyota's strategic investment and early venture capital arm also participating. Nvidia, Boeing, AE Ventures, Samsung Ventures, and CoreWeave Ventures participated as investors. Headquartered in Cambridge, Massachusetts, Walden Robotics was founded in January this year. It independently develops hardware, software, and AI models, focusing on building general-purpose humanoid robots capable of continuous learning and evolution in real-world environments, currently primarily deployed in the manufacturing and logistics sectors. The company has launched multiple commercialization projects, including a pilot program at a Toyota factory in North America, where robots work alongside human teams to complete 8-hour shifts daily, handling repetitive tasks such as parts loading and unloading, machine cleaning, and equipment preparation. Morgan Stanley predicts that the global humanoid robot market size is expected to surpass $5 trillion by 2050.
CoreWeave
Spin
Startup
NYDIG: Leverage Rather Than Spot Demand Drives Bitcoin, Value and Momentum Buyers Still on the Sidelines
According to the NYDIG research report (Author: Greg Cipolaro, July 10, 2026), Bitcoin fell 13.4% in the second quarter of 2026, with year-to-date losses expanding to 32.9%, while the Nasdaq 100 Index rose 27.7% and tech stocks surged 43.5% during the same period, indicating that this decline was not due to macro risk aversion, but rather Bitcoin-specific supply pressure. The core pressure stems from Strategy (MSTR) launching the "Digital Credit Capital Framework," authorizing the sale of approximately $1.25 billion worth of Bitcoin to cover capital structure obligations, marking a shift of the largest historical marginal buyer from continuous accumulation to active monetization, and the DAT complex overall turning from a demand engine to a supply risk. Regarding ETFs, U.S. spot Bitcoin ETFs saw a net outflow of $4.9 billion in the second quarter, but the Morgan Stanley Bitcoin Trust attracted $364.8 million in inflows against the trend, showing distribution channels remain competitive. Regarding the derivatives market, against the backdrop of weak spot demand and continuous outflows from ETFs and stablecoins, positive funding rates coupled with rising open interest indicate leveraged longs are rebuilding positions, posing a risk of passive liquidation triggering a new round of declines. Bitcoin has currently fallen 54.3% cumulatively from the all-time high of $126,000 set on October 6, 2025; if referencing the 2018 and 2022 cycles (gradually narrowing declines of approximately 70%, approximately 370
Bitcoin
Datum
Greg
Momentum
Monsterra
NYDIG
摩根士丹利：SOL 历史分散效果优于 ETH
摩根士丹利分析显示，尽管波动性更高，Solana 历史上比以太坊能提供更好的投资组合分散效果。数据显示 SOL 与比特币相关性为 0.72，低于 ETH 的 0.78。
Ethereum
Solana
Anthropic is Reportedly Targeting October for IPO, Investment Banks Have Arranged Pre-Communications with Investors
OdailyOdaily Planet Daily reports that Anthropic, the developer of the AI model Claude, is advancing plans for a large-scale IPO. Underwriter investment banks including Morgan Stanley, Goldman Sachs, and JPMorgan Chase have arranged preliminary meetings between the company's management and investors to gauge institutional investor interest and investment scale. Anthropic's goal is to go public as early as October. If the listing proceeds as planned, the company could enter the securities market ahead of its competitor, OpenAI. Anthropic raised $65 billion in its Series H financing in May, with a post-money valuation of $965 billion; its valuation in the over-the-counter market has already reached approximately $1.2 trillion. Measures by the U.S. government remain a variable factor.The U.S. Department of War listed Anthropic as a national security "supply chain risk" enterprise in March, and Anthropic has sued the federal government over the measure; the U.S. Department of Commerce restricted foreign access to the top-tier AI models Fable 5 and Mythos 5 in June, lifting the export controls 18 days later.
June
Mythos
Planet
Planet
Planet
摩根大通
Bitcoin and Ethereum ETFs see net inflows of $239 million in a single day; Japan advances crypto ETF framework
Odaily News on July 14, Bitcoin ETFs recorded net inflows of $181 million, and Ethereum ETFs recorded net inflows of $58.34 million. No outflows were observed for either Bitcoin or Ethereum ETFs on that day. BlackRock's IBIT saw net inflows of $139 million, Fidelity's FBTC posted net inflows of $21.07 million; all net inflows into Ethereum ETFs came from BlackRock's ETHA. HYPE, XRP, and Solana ETFs had no trading activity on the day. Morgan Stanley submitted a proposed amended filing for spot Ethereum and Solana ETFs, with the document covering service providers such as Coinbase Custody and staking provisions. Japanese policymakers are advancing reforms aimed at classifying crypto assets under the Financial Instruments and Exchange Act.
Bitcoin
Coinbase
ETHA Lend
Ethereum
Hypercent
Hyperliquid
Morgan Stanley Updates Ethereum and Solana ETF Filings, Coinbase to Serve as Custodian and Staking Service Provider
on July 14 that Morgan Stanley has updated the S-1 registration statements for its proposed spot Ethereum and Solana ETFs, designating Coinbase to handle custody and assist with staking. BNY Mellon will serve as the joint custodian for both trusts. The Ethereum trust plans to stake between 50% and 80% of its ETH under normal conditions, while the Solana trust may stake up to 100% of its SOL, retaining a portion of liquidity for redemptions and fees. The staking service provider and custodian will share 5% of the rewards, with the remaining 95% belonging to each trust. According to the filings, the annual sponsor fee for both funds is 0.14%. The Ethereum product is expected to trade under the ticker MSSE, while the Solana fund will be listed on NYSE Arca under MSOL. The relevant applications are still pending approval from the U.S. Securities and Exchange Commission (SEC).
Arca
Coinbase
Ethereum
Solana
Morgan Stanley: Behind Apple's Across-the-Board Price Hike, It Is Actually Hedging Against Exploding Chip Costs
According to TechFlow Research, the latest report on Apple released by Morgan Stanley on July 14, 2026, shows that Apple increased prices for Mac, iPad, and accessories by 15-54% within two weeks. The underlying driver is forced cost hedging, rather than simple profit extraction. DRAM and NAND chip costs are expected to rise by 190% and 280% respectively in 2027. The chip cost for a single iPad will rise from $51 to $144, and this item alone could consume 30-40% of the gross profit.
Apple
Hike
Price
Morgan Stanley: NTT Ranks Third Yet Orders Fully Booked for 7.7 Years, Vertical Integration Crushes Tech Giants
According to TechFlow Research, an investor presentation released by Morgan Stanley on July 14, 2026, regarding NTT Global Data Centers shows that the global third-largest data center operator NTT surpassed the top two ranked Amazon and Microsoft through vertical integration. The order backlog reached $20 billion (equivalent to 7.7 years of revenue), with the order book absurdly full, reflecting that AI workload demand far exceeds supply. Gross margin is expected to rise from 39% in FY26 to 55% in FY31, indicating that AI customers are willing to pay a premium for high-quality capacity. NTT possesses 250 MW of liquid cooling technology globally and a complete fiber optic network, which is a vertical integration advantage that pure data center operators cannot replicate. Hyperscale customers would rather wait in line for NTT's AI-native infrastructure than turn to competitors. Among the global $6.7 trillion in data center investments, only one type truly makes money: AI-native, and NTT is monopolizing this sector.
Yesterday, Bitcoin spot ETFs recorded a net inflow of $181.07 million.
According to data from Trader T (@thepfund), Bitcoin spot ETFs recorded a net inflow of $181.07 million yesterday, ending the previous day's significant outflow. Among them, BlackRock IBIT led with a single-day net inflow of $138.9 million; Fidelity FBTC had a net inflow of $21.07 million; Morgan Stanley MSBT had a net inflow of $7.4 million; Grayscale Mini BTC had a net inflow of $6.56 million; Ark ARKB had a net inflow of $3.64 million; and Bitwise BITB had a net inflow of $3.5 million.
Ark
Ark
Bitcoin
Bitwise
Grayscale
IBIT