Morgan Stanley Launches Cheapest ETH and SOL ETFs with Staking Rewards

Morgan Stanley has launched two new spot crypto ETFs on the NYSE Arca, offering investors exposure to Ethereum and Solana with staking rewards. The Morgan Stanley Ethereum Trust (MSSE) and the Morgan Stanley Solana Trust (MSOL) have a 0.14% annual expense ratio, making them the cheapest among U.S. Ethereum and Solana ETFs.

According to Ally Wallace, Global Head of ETFs at Morgan Stanley Investment Management (MSIM), the products are designed to give investors both price exposure and staking income. Historically, Ethereum staking has generated around 2.8% annually, while Solana staking has delivered between 6% and 8%

The staking infrastructure will be handled by Figment, Galaxy, and Coinbase Canada, with provider fees capped at 5%. The ETFs track CoinDesk's 4 PM New York Settlement Benchmarks and are designed to pass 100% of staking rewards directly to investors.