Morgan Stanley Launches Ether and Solana ETPs with Staking Rewards
Morgan Stanley has launched two new exchange-traded products (ETPs), MSSE for Ethereum and MSOL for Solana, both offering staking yields directly to investors. This marks a first in the crypto ETP space where institutional-grade exposure includes protocol-level rewards from proof-of-stake networks. The funds carry an expense ratio of 0.14%, aligning with Morgan Stanley’s Bitcoin Trust (MSBT) launched earlier this year, which has already amassed $381 million in assets under management. The ETPs are part of a broader strategy that includes enabling spot crypto trading on its E*TRADE platform via Zero Hash. For Ethereum and Solana, the institutional staking mechanism removes circulating supply, potentially supporting price stability or growth. With competitive pricing and strong distribution through Morgan Stanley’s financial advisor network, these products could influence market dynamics for ETH and SOL in coming quarters.
Topics: crypto ETP Morgan Stanley staking yields