Morgan Stanley Boosts Solana with Staked ETP Launch
The Solana (SOL) price is gaining attention as institutional adoption and on-chain activity converge. Morgan Stanley has launched the MSOL exchange-traded product (ETP), a staked ETP that passes all staking rewards directly to investors, adding SOL to its $14 billion product suite.
This marks another step in Solana's growing institutional footprint. The latest listing follows Morgan Stanley's first crypto ETP, which attracted $381 million within months. The MSOL product incorporates staking, allowing investors to receive staking rewards while holding the ETP.
Solana continues to strengthen its position across decentralized trading and tokenized assets. Strategy's ($MSTR) exposure is now available on Solana through Sunrise, issued by Backpack Securities, expanding tokenized financial products within the network.