Solana Soars as Morgan Stanley Unveils Staked ETP

The Solana price is gaining attention as institutional adoption and on-chain activity converge. Morgan Stanley has launched its first crypto exchange-traded product (ETP) on NYSE Arca, which attracted $381 million within months. The new MSOL ETP passes staking rewards directly to investors.

By listing the Solana ETP, Morgan Stanley's $14 billion product suite now includes Solana as a staked investment option. This marks another step in Solana's growing institutional footprint and provides exposure through a broader digital asset offering managed by Morgan Stanley.

Solana has surpassed Bybit, Coinbase, and Kraken in weekly DEX spot trading volume for the fourth consecutive week, ranking second only to Binance. This suggests decentralized trading activity on Solana is gaining momentum despite market uncertainty.