Morgan Stanley Diversifies into Regulated Ethereum and Solana ETPs

Morgan Stanley has expanded its regulated crypto investment offerings beyond Bitcoin to include Ethereum and Solana. The firm launched two new exchange-traded products (ETPs) listed on NYSE Arca: the Morgan Stanley Ethereum Trust under the ticker MSSE and the Morgan Stanley Solana Trust under the ticker MSOL.

These ETPs charge a competitive 0.14% sponsor fee, making them more attractive to institutional investors compared to existing crypto ETPs. The launch builds on Morgan Stanley's earlier Bitcoin ETP launched in April this year.

The new offerings provide regulated exposure to Ethereum and Solana without requiring direct custody of the underlying assets. This is significant as it further enables institutional adoption of digital assets, backed by Morgan Stanley's nearly $2 trillion in total assets managed.