Morgan Stanley launches ETH, Solana ETFs at 0.14%

Morgan Stanley Investment Management has launched exchange-traded products tracking Ethereum and Solana, expanding the Wall Street bank’s digital asset lineup beyond Bitcoin. Summary MSSE and MSOL began trading on NYSE Arca, providing exposure to Ether and Solana. Both products charge a 0.14% annual management fee and include staking. Morgan Stanley becomes the first US bank-affiliated asset manager to issue Ethereum and Solana funds. The launch comes as crypto ETF flows remain mixed during a wider market downturn. Morgan Stanley launches MSSE and MSOL Morgan Stanley Investment Management announced the launch of the Morgan Stanley Ethereum Trust and Morgan Stanley Solana Trust on Tuesday. The products trade on NYSE Arca under the tickers MSSE and MSOL, respectively. MSSE seeks to track the performance of Ether, while MSOL follows SOL, the native asset of the Solana network. Both products charge an annual management fee of 0.14%, placing them among the lowest-cost US crypto exchange-traded products. The launch followed the completion of the funds’ registration and listing process. NYSE Arca approved the products after Morgan Stanley submitted the required filings to the US Securitie...