Morgan Stanley Expands Crypto Offerings with Solana and Ethereum Trusts
Morgan Stanley Investment Management has expanded its digital asset investment offerings with two new cryptocurrency exchange-traded products. The firm launched the Morgan Stanley Solana Trust (MSOL) and the Morgan Stanley Ethereum Trust (MSSE) on NYSE Arca, providing exposure to SOL and ETH alongside existing BTC offering.
The new funds carry an expense ratio of 0.14% and are designed to stake a portion of their underlying holdings, with staking rewards going directly to investors rather than the firm itself.
Morgan Stanley's move extends its crypto exchange-traded product lineup to three assets, positioning it as a major player in the growing market for digital asset investment products.