Key facts
- Morgan Stanley filed amended S-1 registration statements for its planned Ethereum and Solana ETFs.
Morgan Stanley Reveals 0.14% Fees for ETH, SOL ETFs; Plans Staking
IN SHORT
Morgan Stanley has filed amended applications for spot Ethereum and Solana ETFs, each with a 0.14% annual sponsor fee, potentially the lowest in their respective markets. The trusts intend to stake their crypto assets to generate income.
Key Numbers
0.14%annual sponsor fee for ETH and SOL ETFs
5%share of staking rewards for service providers
95%share of staking rewards retained by ETFs
63 daysestimated waiting time for newly staked ETH to earn rewards
Who's Involved
Morgan Stanley
filer of amended S-1 registration statements for Ethereum and Solana ETFs
SEC
regulatory body overseeing ETF approvals
BlackRock
issuer of recently approved Bitcoin Premium Income ETF
↳ Why This Matters
The proposed low fees and income-generating strategy through staking could make these ETFs competitive offerings in the growing digital asset ETF market, potentially attracting more institutional and retail investment into Ethereum and Solana.