Morgan Stanley Launches Ethereum and Solana ETPs at Industry-Beating Fee

Morgan Stanley Investment Management has expanded its digital asset lineup by launching two new exchange-traded products (ETPs), one tracking Ethereum and the other Solana. The Morgan Stanley Ethereum Trust (MSSE) and Morgan Stanley Solana Trust (MSOL) started trading on July 28, 2026, with a 0.14% expense ratio each.

This brings Morgan Stanley's total ETP offerings to three, including its Bitcoin Trust, which was launched earlier this year. The new trusts will allow investors to hold and stake Ethereum and Solana tokens, earning rewards in the process.

Morgan Stanley has stated that it will not keep any portion of the staking rewards earned by MSSE or MSOL for itself, with 95% of the rewards accruing to each trust. The firm's Global Head of ETFs, Ally Wallace, noted that this expansion reflects the natural evolution of their product suite.

The launch of these new ETPs marks a significant development in the market, as Morgan Stanley enters a crowded field dominated by BlackRock and Grayscale. With a 0.14% fee undercutting Grayscale's comparable ether product, Morgan Stanley is positioning itself to compete on cost within its own bank distribution channel.