Morgan Stanley Launches Cheapest Ethereum, Solana ETFs with Staking

Morgan Stanley has expanded its cryptocurrency investment portfolio with the introduction of two new exchange-traded products (ETPs). The financial institution launched spot Ethereum and Solana ETPs, which will participate in staking to generate supplementary returns for investors.

The Morgan Stanley Ethereum Trust, trading under ticker MSSE on NYSE Arca, provides exposure to ether by tracking the CoinDesk Ether Benchmark 4PM NY Settlement Rate. The fund features an expense ratio of 0.14%, making it one of the cheapest spot Ethereum investment vehicles available in the market.

The Solana ETF introduction establishes a new low-cost benchmark, with the Morgan Stanley Solana Trust trading under ticker MSOL on NYSE Arca. This fund delivers SOL exposure by tracking the CoinDesk Solana Benchmark 4PM NY Settlement Rate and also has an expense ratio of 0.14%.