Morgan Stanley Expands Digital Asset Offerings with Ethereum and Solana ETPs

Morgan Stanley Investment Management (MSIM) has launched two new exchange-traded products (ETPs): Morgan Stanley Ethereum Trust (NYSE Arca: MSSE) and Morgan Stanley Solana Trust (NYSE Arca: MSOL). These ETPs track the performance of ether and SOL, respectively.

The launches reflect the growth of MSIM's ETP suite and its commitment to developing investment solutions that meet investor demand. With the introduction of these new products, MSIM now offers ETPs linked to bitcoin, ether, and SOL, three of the largest digital assets by market capitalization.

Each ETP has an expense ratio of 0.14%, underscoring a commitment to building a comprehensive, competitively-priced digital asset product suite as part of a rapidly growing ETP product suite. The firm intends to stake a portion of their respective ether or SOL holdings to earn staking rewards.

MSIM's Head of Digital Asset Strategy, Amy Oldenburg, noted that 'digital assets are becoming an increasingly important component of diversified investment portfolios.' She emphasized the importance of providing investors with a range of digital asset solutions that allow them to diversify their portfolios while adhering to Morgan Stanley's standards for governance, infrastructure, and risk management.