The firm expands its digital asset lineup with two new exchange-traded products tracking ETH and SOL, including staking rewards.
Morgan Stanley has introduced two new exchange-traded products (ETPs) tracking Ether (ETH) and Solana (SOL), broadening its cryptocurrency fund offerings. The Morgan Stanley Ethereum Trust (MSSE) and Morgan Stanley Solana Trust (MSOL) aim to mirror the performance of their respective benchmarks, with a 0.14% expense ratio and staking rewards passed to investors.
The launch follows the firm’s April debut of the Morgan Stanley Bitcoin Trust (MSBT), which held over $381 million in assets as of mid-July. Earlier this month, Morgan Stanley enabled spot crypto trading on its E*TRADE platform, allowing eligible clients to trade Bitcoin, Ether, and Solana.
Both new ETPs will stake a portion of holdings, with Morgan Stanley committing not to retain any staking rewards. The move reinforces the bank’s push into digital assets amid growing institutional demand.