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Morgan Stanley launches low-fee Ethereum and Solana exchange‑traded products
Morgan Stanley Investment Management listed two new exchange‑traded products on NYSE Arca on July 28: the Morgan Stanley Ethereum Trust (MSSE) and the Morgan Stanley Solana Trust (MSOL). Both trusts track the performance of Ether and Solana respectively, using CoinDesk benchmarks, and each carries an annual management fee of 0.14%, among the lowest in the U.S. crypto‑product market.
Both products incorporate staking. MSSE intends to stake roughly 50‑80 % of its Ether holdings, while MSOL may stake up to 100 % of its Solana holdings. Staking providers such as Figment, Galaxy and Coinbase Canada are named, and any rewards earned are passed through to shareholders rather than retained by the issuer. The trusts are classified as exchange‑traded products rather than ETFs.
The launch expands Morgan Stanley’s digital‑asset lineup, which began with a Bitcoin Trust that had amassed more than $380 million in assets earlier in the year. In addition, the firm announced that eligible E*TRADE clients will be able to access Solana through the platform, potentially exposing millions of households to the blockchain’s high‑throughput ecosystem.
Entities
Amy Oldenburg · Morgan Stanley · Morgan Stanley Ethereum Trust · Morgan Stanley Solana Trust · NYSE Arca
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] Morgan Stanley made Solana available to eligible E*TRADE clients, potentially reaching millions of households. www.tekedia.com
- [● 4 SOURCES] Both MSSE and MSOL charge an annual management fee of 0.14%, among the lowest in the market. coinacademy.fr · crypto.news
- [● 4 SOURCES] Both trusts will stake a portion of their holdings and pass the resulting rewards to investors. coinacademy.fr · crypto.news
- [● 2 SOURCES] The launch expands Morgan Stanley’s crypto lineup, which already includes a Bitcoin Trust that had more than $381 million in assets. coinacademy.fr
- [● 4 SOURCES] Morgan Stanley listed the Morgan Stanley Ethereum Trust (MSSE) on NYSE Arca on July 28. coinacademy.fr · crypto.news
- [○ 1 SOURCE] MSOL may stake up to 100% of its Solana holdings. crypto.news
- [○ 1 SOURCE] MSSE plans to stake between 50% and 80% of its Ether holdings. crypto.news
- [● 4 SOURCES] Morgan Stanley listed the Morgan Stanley Solana Trust (MSOL) on NYSE Arca on July 28. coinacademy.fr · crypto.news