Morgan Stanley Brings Staking Yields to Ethereum and Solana with New ETPs
Morgan Stanley has launched two new exchange-traded products (ETPs) that allow investors to track Ethereum and Solana with staking rewards. The Morgan Stanley Ethereum Trust (MSSE) and Morgan Stanley Solana Trust (MSOL) both carry a 0.14% expense ratio, which is lower than many existing crypto ETPs.
The funds will stake a portion of their holdings, passing all staking rewards directly to investors without retaining any for themselves. This commitment to transparency and low fees sets Morgan Stanley apart in the crypto ETP space.
The launch follows the success of the firm's Bitcoin fund, which accumulated over $381 million in assets under management as of July 16th. The introduction of these new products suggests a coordinated strategy to bring yield-bearing crypto exposure into regulated, exchange-listed wrappers.