The bank expands its crypto ETF lineup with two new funds matching its Bitcoin ETF’s industry-low expense ratio.
Morgan Stanley has launched spot Ethereum and Solana exchange-traded funds, both carrying a 0.14% annual expense ratio. The move follows its April debut of a Bitcoin ETF, which undercut competitors charging 0.20% to 0.25%.
The new ETFs track the underlying cryptocurrencies directly, offering investors exposure without requiring direct ownership. Morgan Stanley’s fee structure remains the lowest among major issuers, potentially pressuring rivals to adjust pricing.
The funds enable crypto allocation within tax-advantaged accounts like IRAs, a feature not available through standard crypto exchanges. Market reaction to the launches has been muted so far, with no immediate price movement in ETH or SOL.