Morgan Stanley Enters Ethereum and Solana ETP Market with Low-Fee Products

Morgan Stanley has expanded its digital asset offerings with two new spot exchange-traded products (ETPs) that track Ethereum and Solana. The MSSE fund, which tracks ether through the CoinDesk Ether Benchmark 4PM NY Settlement Rate, charges a sponsor fee of 0.14% and offers staking rewards without retaining any share of the generated income.

The new Solana ETP, launched under the ticker MSOL on NYSE Arca, also charges a 0.14% expense ratio and plans to stake part of its SOL holdings to generate additional rewards.

With these launches, Morgan Stanley's digital asset lineup expands to three funds, including products linked to Bitcoin, Ether, and SOL. The firm's ETF platform now manages more than $14 billion in assets across 22 exchange-traded funds and products.