Morgan Stanley Expands Crypto Offering with Ethereum and Solana Staking
Morgan Stanley has expanded its presence in the digital asset market with the launch of new Ethereum and Solana exchange-traded products (ETPs) that include staking features. The ETPs, known as MSSE and MSOL, are now available on NYSE Arca and provide investors with exposure to Ethereum and Solana while allowing them to participate in staking rewards generated by the underlying blockchain networks.
The products reportedly carry an annual expense ratio of 0.14%, with staking rewards passed directly back to investors. This move expands Morgan Stanley's cryptocurrency investment lineup, which now includes exposure to Bitcoin, Ethereum, and Solana.
The launch reflects a broader trend of major financial institutions introducing regulated cryptocurrency investment products as demand for digital assets continues growing among institutional and retail investors.