Ethereum Price Prediction: Can ETH Reach $2,050 After Morgan Stanley Lists Its New ETP?

Market Analysis Ethereum Price Prediction

Jul 29, 2026

< 1 min read

by Parshwa Turakhiya

for CoinEdition

Ethereum Price Prediction: Can ETH Reach $2,050 After Morgan Stanley Lists Its New ETP?

AI Overview

In crypto markets Morgan Stanley listed ETH and SOL ETPs on NYSE Arca at 0.14%, becoming the first wirehouse to offer major network ETPs through standard brokerage accounts and signaling increased institutional adoption. Meanwhile 226,435 ETH (~$430M) moved by whales in 24 hours and ETH trades at $1,898.91 on July 29 (down 1.09%), holding between the 0.382 Fibonacci ($1,837) and a descending trendline with $1,733 and a weekly close below $1,550 cited as the key levels that would decide the bullish outlook.

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Whales moved 226,435 ETH worth $430M in 24 hours as Ali Charts flagged $1,733 as the level that decides the bullish outlook
Morgan Stanley listed ETH and SOL ETPs on NYSE Arca at 0.14%, the first wirehouse to offer all three major networks through a standard brokerage account
Analyst Merlijn called the June breakdown to $1,520 a shakeout, not a reversal, with a weekly close below $1,550 as the only invalidation

Ethereum trades at $1,898.91 on July 29, down 1.09%, pulling back from its intraday high of $1,926.52 after Morgan Stanley launched regulated ETH exposure products and whales redistributed $430M worth of the token in a single session.