Morgan Stanley Expands Crypto Offerings with Ether and Solana ETPs

Morgan Stanley has expanded its cryptocurrency offerings beyond Bitcoin by launching two new exchange-traded products (ETPs) for ether (ETH) and solana (SOL) on NYSE Arca. The ETPs track CoinDesk benchmark indexes, charging a competitive 0.14% fee and passing staking rewards to investors, allowing them to gain exposure to these digital assets without direct token ownership.

This move reflects growing investor demand for diversified digital assets, which major asset managers are now addressing by broadening their crypto offerings beyond Bitcoin.

Morgan Stanley's large financial advisor network and E*TRADE platform will facilitate the distribution of these new products, making them available to a wider range of investors.