It's Friday! In today's Daily, Morgan Stanley will soon allow its wealth advisors to pitch Bitcoin ETFs, Bybit bids adieu to France, we take a look at three crypto-related firms' Q2 financial results and more.

Meanwhile, Genesis completed its bankruptcy restructuring process and began distributing $4 billion in crypto and cash.

Let's get started.

Morgan Stanley's wealth advisors to pitch Bitcoin ETFs

Morgan Stanley will permit its wealth advisors to offer spot Bitcoin ETFs to select clients starting Aug. 7, CNBC reported, the first of its kind among major Wall Street banks.