Morgan Stanley Expands Crypto ETFs to Ethereum and Solana

Morgan Stanley has expanded its crypto ETF suite with two new trusts focused on Ethereum and Solana. The Morgan Stanley Ethereum Trust (MSSE) and the Morgan Stanley Solana Trust (MSOL) are now available on NYSE Arca, providing spot price exposure to ETH and SOL alongside additional income generated through staking yields.

The funds come with low expense ratios of 14 basis points and have already gained significant attention from investors. MSSE plans to stake between 50% to 80% of underlying ETH, while MSOL will stake 100% of the Trust's SOL due to Solana's higher network reward rate.

This expansion follows the success of Morgan Stanley's Bitcoin Trust (MSBT), which has maintained strong inflows despite many other spot Bitcoin ETFs facing cooling demand. The firm's massive distribution network and ultra-low expense ratio are likely contributing factors to MSBT's sustained performance.