Morgan Stanley launches low-fee Ethereum and Solana ETFs

Morgan Stanley launched two new spot cryptocurrency exchange-traded products on Tuesday, July 28, 2026, offering investors direct exposure to Ethereum and Solana with the lowest fees in their respective categories. The Morgan Stanley Ethereum Trust, trading under the ticker MSSE, and the Morgan Stanley Solana Trust, trading under MSOL, both began trading on the NYSE Arca with a sponsor fee of 0.14%.

The launches expand the firm's digital asset lineup to three funds, following the introduction of its spot Bitcoin product earlier in the year. The new products are designed to generate additional returns by staking a portion of their underlying holdings. According to prospectus filings, the Solana fund intends to stake up to 100% of its SOL, while the Ethereum fund targets staking 50% to 80% of its ether, with a cap at 80%. The firms stated that 95% of the gross staking rewards will be returned to the funds, with Morgan Stanley retaining none of the rewards itself, though the separate 0.14% management fee still applies.

The fee undercuts major competitors, setting a new low for the market. It places the Ethereum product below Grayscale's Mini Ethereum Trust, which charges 0.15%, and...