Morgan Stanley Launches Ethereum ETF with Market-Leading Expense Ratio
On July 28, 2026, Morgan Stanley launched the Morgan Stanley Ethereum Trust (MSSE), a spot ether exchange-traded fund that allows investors to gain exposure to Ethereum through traditional brokerage and retirement accounts. The fund has an expense ratio of 0.14%, making it one of the lowest-cost options in the market for ether investments. The trust is structured as a grantor trust, holding physical ether and passing its performance—adjusted for expenses—to shareholders. It also allows staking of ether holdings to generate rewards that are passed through to investors. The fund's distribution via Morgan Stanley’s wealth-advisor network and E*TRADE platform gives it broader accessibility compared to other spot ether ETFs. While the low fee is a key differentiator, Ethereum has experienced significant price declines in recent months, raising concerns about its volatility as an investment asset.
Tickers: $MS
Topics: cryptocurrency ETFs Ethereum Morgan Stanley