Morgan Stanley Advances Ethereum and Solana ETF Plans With Lowest Market Fees

Morgan Stanley ETH and SOL ETF Filings Move Forward

Morgan Stanley has submitted new amendments for its proposed spot Ethereum and Solana exchange-traded funds, showing further progress in the approval process with the US Securities and Exchange Commission.

The updated filings revealed that both ETFs will carry a sponsor fee of 0.14%, which would make them the lowest-cost Ethereum and Solana ETFs currently planned in the US market. The fee is lower than several competing crypto investment products already trading or awaiting approval.

The Ethereum ETF is expected to trade under the ticker symbol MSSE, while the Solana ETF will use MSOL.

Staking Feature Included in ETF Structure

The filings also confirmed that the funds plan to stake a portion of their Ethereum and Solana holdings to generate additional rewards for investors. Figment Inc., Galaxy Blockchain Infrastructure and Coinbase Canada will serve as staking service providers.

Morgan Stanley’s latest amendments suggest active discussions with regulators as the bank expands its crypto investment offerings after launching its bitcoin ETF earlier this year. The firm’s bitcoin fund has already attracted more than $300 million in net inflows since April.