Morgan Stanley Seeks Approval for Low-Fee Solana ETF Amid Institutional Growth

Morgan Stanley has filed for a Solana spot ETF in the U.S., seeking regulatory approval. The proposed fund will have one of the lowest sponsor fees on the market, at 0.14%. It's notable that this filing comes as SBI Global Asset Management has launched Japan's first tokenized equity fund on the Solana blockchain.

The Morgan Stanley ETF filing includes prominent service providers such as Figment, Galaxy Blockchain Infrastructure, and Coinbase Canada, with 95% of yield rewards going to fund holders. Meanwhile, the SBI-JX fund offers institutional and accredited investors direct access to a high-dividend Japanese equity strategy on-chain.

Despite these significant developments in institutional infrastructure around Solana, market pricing suggests limited immediate impact on Solana's price. Current data indicates only a 9% likelihood that Solana will reach $90 by August 1, 2026, reflecting cautious optimism amid broader market conditions.