Morgan Stanley Launches Cheapest US ETH and SOL ETFs with Staking Rewards

Morgan Stanley has launched two new exchange-traded funds (ETFs) on the NYSE Arca, providing institutional exposure to Ethereum and Solana.

The Morgan Stanley Ethereum Trust (MSSE) and Morgan Stanley Solana Trust (MSOL) began trading on July 28, with a 0.14% expense ratio.

This price point is cheaper than any other US ETH or SOL product, which could drive institutional adoption and inflows into these cryptocurrencies.

The investment banking giant's move into the cryptocurrency market comes as Ethereum and Solana continue to gain traction in the industry.