Guavy AI Editorial TeamSentiment: 2Clout: 82

Morgan Stanley Lowers Bar with 0.14% ETH and SOL ETF Fees

Morgan Stanley's proposed Ethereum (ETH) and Solana (SOL) exchange-traded funds (ETFs), MSSE and MSOL, could revolutionize the crypto ETF market with their low fees.

The bank filed amended registration statements for the two products on June 18, setting a 0.14% annual delegated sponsor fee on both.

This is significantly lower than existing ETH and SOL products, such as BlackRock's iShares Ethereum Trust ETF (ETHA) with a 0.25% sponsor fee and Bitwise's Solana staking ETF (BSOL) at 0.20%.

The proposed fees could lead to increased adoption of ETH and SOL in institutional portfolios.