Morgan Stanley unveils Ethereum and Solana ETPs with staking
6.6 Investments Morgan Stanley launches Ethereum and Solana ETPs on NYSE Arca with a 0.14% fee and fully reinvested staking rewards, offering easy crypto exposure via traditional brokerage accounts.
Morgan Stanley has introduced two new exchange-traded products (ETPs): the Morgan Stanley Ethereum Trust (MSSE) and the Morgan Stanley Solana Trust (MSOL), both listed on NYSE Arca. These ETPs track the performance of Ethereum (ETH) and Solana (SOL), featuring a competitive 0.14% sponsor fee that undercuts many rivals. A key innovation is the integration of staking, allowing a portion of the underlying crypto assets to be staked. All staking rewards are fully reinvested into the funds, enhancing potential returns for investors. This structure enables investors to gain exposure to digital assets through traditional brokerage accounts, eliminating the need for direct token custody or validator management. The launch follows the success of Morgan Stanley’s bitcoin fund and reflects the growing demand for diversified crypto investment products. The firm’s extensive advisor network and E*TRADE platform are expected to support broad distribution and accessibility.
