Morgan Stanley Investment Management expanded its crypto product range on 28 Jul, adding spot Ether and Solana exchange-traded products (ETPs) alongside its existing Bitcoin trust on NYSE Arca.
Morgan Stanley Rolls Out Staking-Enabled Ether, Solana ETPs at 0.14%
29 July 2026 - 02:56 UTC
Same fee as bitcoin
Each of Morgan Stanley Ethereum Trust (MSSE) and Morgan Stanley Solana Trust (MSOL) tracks CoinDesk's 4PM NY settlement rate – the CoinDesk Ether Benchmark and the CoinDesk Solana Benchmark, respectively. They charge a 0.14% expense ratio and intend to stake a portion of their Ether (ETH) and Solana (SOL) holdings without retaining staking rewards at the sponsor level, a 28 Jul statement said.
Morgan Stanley introduced the Bitcoin Trust (MSBT) in April at the same 0.14% fee, describing it as the first cryptocurrency ETP from a US bank-affiliated asset manager. MSIM said MSBT held more than $381mn in assets under management as of 16 Jul. MSBT drew about $34mn in trading volume on its first day of trading in April.
"Since introducing our first ETFs in 2023, we've built a diversified suite of ETFs and ETPs that now exceed $14bn in assets under management," said Ally Wallace, global head of ETFs for Morgan Stanley Investment Management.
Where the fee floor sits
The low headline fee undercuts the rival ETH and SOL products from Grayscale and Franklin Templeton, which charge between 0.15% and 0.2%. That, combined with staking and no retention of staking rewards, sharpens fee competition in ether and SOL ETPs. MSIM said its three ETPs now cover bitcoin, ether and SOL, three of the largest digital assets by market capitalization.
"As client interest in digital assets continues to grow, we're focused on providing a range of digital asset solutions that allow investors to diversify their portfolios across traditional and decentralized asset classes while also adhering to Morgan Stanley's standards for governance, infrastructure and risk management," said Amy Oldenburg, head of digital asset strategy at Morgan Stanley.
