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Morgan Stanley Expands Crypto Push With Ethereum and Solana ETPs

Morgan Stanley Expands Crypto Push With Ethereum and Solana ETPs

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 the price of Ethereum and Solana, respectively. The company said each fund will charge a 0.14% expense ratio, stake a portion of its holdings, and pass any staking rewards through to investors.

“Since introducing our first ETFs in 2023, we’ve built a diversified suite of ETFs and ETPs that now exceed $14 billion in assets…

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