Key facts
- Morgan Stanley has launched exchange-traded products (ETPs) for ether (ETH) and solana (SOL).
- The new funds, MSSE and MSOL, will trade on NYSE Arca.
- Both products feature a 0.14% expense ratio, the lowest in the market.
- Staking rewards earned from the underlying assets will be passed on to investors.
- These launches follow the firm's earlier introduction of a spot bitcoin trust.
Morgan Stanley has launched exchange-traded products (ETPs) for ether (ETH) and solana (SOL), expanding its digital asset offerings beyond bitcoin. The new funds, the Morgan Stanley Ethereum Trust (MSSE) and Morgan Stanley Solana Trust (MSOL), will trade on NYSE Arca.
These products track CoinDesk benchmark indexes and feature a competitive 0.14% expense ratio, positioning them as low-cost options. Staking rewards generated from the underlying ether or solana holdings will be passed through to investors. This move builds on the firm's earlier launch of a spot bitcoin trust, which has accumulated over $381 million in assets under management.