Major U.S. banks, including Morgan Stanley, Bank of America, and Goldman Sachs, are increasingly engaging with the cryptocurrency sector as regulatory conditions shift under the Trump administration. Goldman Sachs has invested $450 million in Ethereum ETFs, contributing to a broader trend of traditional financial institutions entering the crypto market. Meanwhile, the National Bank of Canada has reported purchasing $2 million in Bitcoin ETFs. Analysts suggest that Trump's pro-crypto policies could lead to a wave of initial public offerings (IPOs) and new profit opportunities for these banks, despite concerns regarding systemic risks to the financial system. This movement marks a significant pivot from previous hesitance among Wall Street firms towards cryptocurrencies.