Morgan Stanley Launches Ether and Solana ETFs with Lowest Fees at 14 Basis Points
Morgan Stanley has introduced the cheapest Ether (ETH) and Solana (SOL) exchange-traded funds (ETFs), charging just 0.14% in fees, which is significantly lower than most competing products on the market. The firm's Global Head of ETFs, Ally Wallace, explained that this low-cost structure aligns with investor demand for affordable crypto exposure and follows the success of Morgan Stanley’s April Bitcoin ETF launch. The new funds are designed as proof-of-stake (PoS) products, allowing investors to benefit from staking rewards. Notably, Morgan Stanley has committed to passing 100% of these staking returns back to investors, enhancing overall yield potential without increasing fees.
Topics: crypto ETFs Ether (ETH) Morgan Stanley Solana (SOL)