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Morgan Stanley Launches New Spot Crypto ETFs

Morgan Stanley Launches New Spot Crypto ETFs

On July 28, Morgan Stanley launched two new spot crypto ETFs on NYSE Arca. The Morgan Stanley Ethereum Trust (MSSE) and the Morgan Stanley Solana Trust (MSOL) provide spot price exposure to underlying ethereum (ETH) and solana (SOL), alongside additional distributions from staking yields. Both funds come to market with low expense ratios of 14 basis points.

Key Takeaways

  • Morgan Stanley launched the Morgan Stanley Ethereum Trust (MSSE) and the Morgan Stanley Solana Trust (MSOL) on NYSE Arca, both featuring expense ratios of 14 basis points.
  • The funds offer investors both spot price exposure to ETH and SOL, respectively, as well as additional income generated through staking yields. 95% of those network rewards are…

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