Morgan Stanley Launches Ethereum and Solana Spot ETFs with Staking Yields
On July 28, Morgan Stanley introduced two new spot crypto exchange-traded funds (ETFs) on NYSE Arca: the Morgan Stanley Ethereum Trust (MSSE) and the Morgan Stanley Solana Trust (MSOL). Both funds offer investors exposure to ETH and SOL at a low expense ratio of 14 basis points. In addition to tracking the spot price, they generate income through staking yields, with approximately 95% distributed back to shareholders. The ETFs are part of Morgan Stanley's broader digital asset strategy aimed at diversifying investment portfolios while maintaining governance and risk management standards. The funds leverage physical token holdings in partnership with institutional custodians and use CoinDesk benchmarks for price tracking. MSSE plans to stake 50%–80% of its ETH, earning around a 1.7% network reward rate, whereas MSOL intends to stake all SOL tokens at an estimated 3.4% yield. This expansion follows the success of Morgan Stanley's Bitcoin Trust (MSBT), which has attracted $430 million in assets since April due to its low cost and strong distribution channels through wealth advisors and E*TRADE.
Topics: crypto ETFs Ethereum Morgan Stanley Solana