Morgan Stanley Unveils Cheapest US Ethereum and Solana ETFs with Staking Rewards
Morgan Stanley Investment Management (MSIM) has launched two exchange-traded products (ETPs) on the NYSE Arca exchange, marking a significant move in the digital asset price war on Wall Street.
The Morgan Stanley Ethereum Trust (ticker: MSSE) and the Morgan Stanley Solana Trust (ticker: MSOL) offer a management fee of just 0.14%, making them the lowest-cost investment vehicles of their kind in the United States and globally, according to reports from industry outlets Cointribune and CryptoPotato.
The trusts are designed to stake a portion of their underlying cryptocurrency holdings and pass 100% of the generated validation rewards back to shareholders, with Morgan Stanley retaining zero commission on the remaining flow.