ProCap Financial CIO Jeff Park explained Morgan Stanley's decision to prioritize Bitcoin and Solana ETFs over Ethereum in a discussion with Anthony Pompliano. Park described Bitcoin as a "doomsday hedge" and Solana as a "meme coin proxy" and "crypto gambling lever," highlighting its low-latency design. He noted Ethereum's "awkward position," lacking Bitcoin's purity and Solana's speed. Park also characterized Morgan Stanley as a "sleeping giant" in the crypto space, emphasizing its potential to integrate digital assets through its wealth management platform and distribution channels, distinguishing it from competitors like BlackRock.