Morgan Stanley Launches Lowest-Fee Spot Ethereum and Solana ETFs with Staking Rewards
Morgan Stanley has expanded its digital asset offerings with the launch of spot Ethereum and Solana exchange-traded products. The new funds, Morgan Stanley Ethereum Trust (MSSE) and Morgan Stanley Solana Trust (MSOL), track ether and SOL through CoinDesk benchmarks.
Both funds carry an expense ratio of 0.14%, making them the market's lowest-fee spot Ethereum and Solana funds. This is a significant move by Morgan Stanley, as it aims to attract more investors to its digital asset products.
The new funds will also stake part of their holdings to generate additional rewards, which will remain within the product structure. This strategy allows Morgan Stanley to provide direct blockchain participation without reducing rewards through sponsor retention.