Morgan Stanley Expands Crypto Product Lineup with Ethereum and Solana ETPs

Morgan Stanley Investment Management has expanded its cryptocurrency product lineup by launching two new exchange-traded products. The Morgan Stanley Ethereum Trust and Morgan Stanley Solana Trust will track the price movements of ether and solana, respectively.

The two products are listed on the NYSE Arca under the ticker symbols MSSE for ether and MSOL for solana. They use benchmark prices from CoinDesk to determine their value.

Morgan Stanley plans to stake some of its assets in these funds and distribute the rewards to investors, but will not retain any staking rewards separately.