Morgan Stanley Unveils Staking ETPs for Ethereum and Solana
Morgan Stanley has expanded its digital asset offerings by introducing Ethereum and Solana exchange-traded products (ETPs) that provide staking benefits for institutional clients. The move marks a significant expansion of the bank's crypto product suite, which initially focused on Bitcoin-focused products.
The new ETPs allow investors to gain exposure to both Ethereum and Solana while earning additional yield through staking. Staking involves locking tokens to support network operations, earning rewards in return. For Ethereum, the staking yield currently hovers around 3-4% annually, while Solana offers higher variable returns depending on network activity.
Morgan Stanley's structure allows institutional clients to benefit from these rewards without directly managing the technical staking process. The bank's inclusion of staking rewards is a key differentiator, potentially making its ETPs more attractive than direct token purchases or non-staking funds.