Morgan Stanley Unveils Lowest-Cost Ethereum (ETH) And Solana (SOL) ETFs

Morgan Stanley Investment Management (NYSE:MS) has expanded its digital asset offerings by introducing two new exchange-traded products focused on Ethereum and Solana. The Morgan Stanley Ethereum Trust, trading as MSSE on NYSE Arca, and the Morgan Stanley Solana Trust, under the ticker MSOL, began trading this week.

These products aim to mirror the performance of ether and SOL, the primary tokens of their respective blockchain networks, giving investors straightforward exposure without the need to manage cryptocurrencies directly.

This move builds on the earlier introduction of the firm’s Bitcoin Trust, which has already attracted more than $381 million in assets under management.

Together, the three products now provide access to the leading digital assets by market size through regulated investment vehicles.

Ally Wallace, Global Head of ETFs at Morgan Stanley Investment Management, noted that the firm’s overall ETF and ETP lineup has surpassed $14 billion in assets since its first products appeared in 2023.

She described the new launches as a logical next step in delivering simplified pathways to digital assets via the familiar exchange-traded structure.A standout feature is the competitive pricing.

Both MSSE and MSOL carry an expense ratio of 0.14 percent, positioning them as the lowest-cost options currently available in their categories.

This undercuts existing alternatives and signals Morgan Stanley’s intent to compete aggressively on cost while leveraging its extensive network of financial advisors and retail platforms.

Beyond price tracking, the products incorporate staking.

The Ethereum fund generally plans to stake between 50 and 80 percent of its holdings, while the Solana fund may stake up to the full amount of its SOL.

Staking rewards generated through network participation are expected to flow largely to shareholders, with the firm retaining none of the proceeds for itself.

Approximately 95 percent of the rewards are set to pass through after accounting for provider costs.

Institutional staking infrastructure partners handle the technical aspects of validation. Performance for the Ethereum product is measured against the CoinDesk Ether Benchmark 4 PM NY Settlement Rate.

The Solana product follows the corresponding CoinDesk Solana Benchmark.

This approach seeks to deliver returns closely aligned with the underlying assets while adding potential yield from staking activities.

The launches arrive amid growing institutional interest in digital assets and after earlier regulatory progress that enabled bank-affiliated managers to enter the space.

Analysts have pointed to the firm’s large distribution channels as a potential advantage that could support steady inflows, similar to the trajectory seen with its Bitcoin product even in challenging market conditions.

By combining low fees, direct asset exposure, and staking participation from day one, these new products represent a notable addition to the available suite of regulated crypto investment vehicles.

They reflect broader efforts by traditional finance firms to meet rising demand for digital asset access within conventional brokerage accounts and advisory platforms. Investors now have additional competitively priced choices for incorporating Ethereum and Solana exposure into diversified portfolios.