In brief
- Morgan Stanley launched spot Ethereum and Solana exchange-traded products under the ticker symbols MSSE and MSOL.
- Both funds will stake a portion of their holdings, with staking rewards passed through to investors.
- The launch follows a series of crypto initiatives this year, including a Bitcoin ETF, E*TRADE crypto trading, and tokenization plans.
Morgan Stanley Investment Management is expanding beyond Bitcoin with the launch of Ethereum and Solana exchange-traded products that will generate staking rewards for investors, the latest step in the Wall Street firm’s growing push into digital assets.
Announced on Tuesday, the Morgan Stanley Ethereum Trust (NYSE Arca: MSSE) and Morgan Stanley Solana Trust (NYSE Arca: MSOL) will track…
