Morgan Stanley Investment Management introduced two new spot exchange-traded products on NYSE Arca, targeting Ethereum and Solana investors. The Morgan Stanley Ethereum Trust (MSSE) and Morgan Stanley Solana Trust (MSOL) both carry a low 0.14% expense ratio and feature staking of a portion of their holdings, passing all rewards directly to investors without retaining any for the firm.
These launches mark a further expansion of Morgan Stanley's crypto ETP franchise, following the Morgan Stanley Bitcoin Trust, which has amassed over $381 million in assets as of mid-July. The MSSE and MSOL funds track CoinDesk’s 4PM NY Settlement Rates for Ether and Solana respectively, positioning Morgan Stanley among the few asset managers offering staking benefits from day one, rather than as an afterthought once regulations eased.
Ether and Solana prices have recently risen modestly, with ETH up 0.7% and SOL 0.4% in the past 24 hours, trailing bitcoin’s 1.3% gain. Morgan Stanley’s approach undercuts many existing spot ether products on fees and adds yield through staking, potentially appealing to investors seeking both exposure and passive income.
With more than $14 billion in assets across 22 ETFs and ETPs launched this year, Morgan Stanley continues to expand its footprint in digital assets. The firm’s head of digital asset strategy emphasized their commitment to governance and risk management standards while broadening investor access to decentralized assets within a familiar investment structure.
This content is for informational purposes only and does not constitute financial advice.
