Morgan Stanley Enters Crypto ETF Fray with Low-Fee ETH and SOL Products

Morgan Stanley is pushing into the crypto ETF market with proposed Ethereum and Solana products that would charge a 0.14% annual sponsor fee, putting pressure on rival issuers.

The bank's Ethereum Trust, which would trade under MSSE, and its Solana Trust, trading as MSOL, are structured as exchange-traded trusts that hold the underlying asset and reflect staking rewards where permitted.

Morgan Stanley's fees undercut Grayscale's Ethereum Mini Trust (0.15%) and Franklin Templeton's Solana product, making it a contender for institutional crypto flows.