Key facts
- Morgan Stanley filed updated registration statements for its planned Ethereum and Solana ETFs.
- The sponsor fee for both ETFs is 0.14%.
- The filings detail how the funds will earn additional yield through staking.
- These filings are a significant step toward launching new crypto-backed investment products.
Morgan Stanley has submitted updated registration statements for its forthcoming Ethereum and Solana Exchange Traded Funds (ETFs). These filings provide key details regarding the structure and fees associated with these new crypto-backed investment products. The sponsor fee for both the Ethereum ETF and the Solana ETF is set at 0.14%. Beyond the standard fees, the registration statements also outline the strategies the funds will employ to generate additional yield. This yield enhancement is expected to come from staking the underlying digital assets held by the ETFs. The inclusion of staking as a yield-generating mechanism is a notable feature for these types of investment vehicles. These updated filings represent a significant advancement in Morgan Stanley's efforts to bring these crypto-focused ETFs to market, signaling a move closer to their official launch.