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.
- Staking rewards generated 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 Investment Management has launched Ether and Solana exchange-traded products (ETPs), MSSE and MSOL, expanding its digital asset offerings beyond Bitcoin. These new funds, trading on NYSE Arca, are the first issued by a U.S. bank-affiliated asset manager. The products feature a 0.14% expense ratio and will pass through staking rewards earned from their underlying holdings to investors. This move builds on the firm's earlier introduction of a spot Bitcoin Trust, which had over $381 million in assets under management as of July 16. Morgan Stanley Investment Management's ETF and ETP platform now exceeds $14 billion across 22 products. The firm also recently enabled spot Bitcoin, Ethereum, and Solana trading for eligible E*TRADE customers through a partnership with Zero Hash.