Morgan Stanley Launches Ether and Solana ETFs Following Bitcoin Fund Success

Morgan Stanley has introduced exchange traded products tracking ether and solana, expanding its digital asset lineup just months after its spot bitcoin fund crossed $381 million in assets.

New Products Now Trading

The Morgan Stanley Ethereum Trust and Morgan Stanley Solana Trust began trading Tuesday on NYSE Arca, giving investors exposure to both cryptocurrencies without requiring direct ownership of the tokens. Both funds carry a 0.14% expense ratio, among the lowest available, and plan to stake a portion of their holdings, passing any staking rewards directly to investors.

Growing Competition in Crypto ETFs

The launch comes as major asset managers continue expanding beyond bitcoin to meet rising investor demand. Solana products in particular have become a competitive space, with several SOL-focused funds already holding hundreds of millions in combined assets. A Morgan Stanley executive said digital assets are becoming an increasingly important part of diversified portfolios as client interest continues to grow.

Built on Early Bitcoin Fund Momentum

These new offerings build on the success of the Morgan Stanley Bitcoin Trust, which launched earlier this year and quickly gathered substantial assets under management. Other major firms have also been expanding their crypto product lines, including income-focused bitcoin funds aimed at investors seeking steady returns.

Distribution Advantage

Morgan Stanley enters the space with a significant edge, backed by thousands of financial advisors managing trillions in client assets, along with its ownership of a major online brokerage platform that connects it to millions of self-directed investors.