Key facts
- Morgan Stanley Investment Management launched Ether and Solana ETPs.
- The ETPs are named MSSE and MSOL.
- The ETPs are listed on NYSE Arca.
- The expense ratio for these ETPs is 0.14%.
- The ETPs pass through staking rewards to investors.
- Morgan Stanley previously offered only a Bitcoin trust in digital assets.
Morgan Stanley Investment Management has introduced new exchange-traded products (ETPs) for two major cryptocurrencies, Ether and Solana. The products, designated MSSE for Ether and MSOL for Solana, are now available on the NYSE Arca exchange. These ETPs come with an expense ratio of 0.14%. A key feature of these offerings is that they will pass through staking rewards to investors. This launch signifies an expansion of Morgan Stanley's digital asset investment portfolio, which previously consisted solely of a Bitcoin trust. The introduction of these ETPs provides investors with new avenues to gain exposure to these digital assets through a traditional financial product.