Morgan Stanley Launches Ethereum and Solana ETPs at 0. 14%, the Lowest Fee in Both Categories - Unchained
Morgan Stanley listed spot ether and solana products at the lowest fees in both categories, handing 16,000 in-house advisors a staking-enabled crypto fund to sell. Original Image Credits: Michael Berlfein /. . .
Morgan Stanley listed spot ether and solana products at the lowest fees in both categories, handing 16,000 in-house advisors a staking-enabled crypto fund to sell. Original Image Credits: Michael Berlfein / Shutterstock. comPosted July 29, 2026 at 6:29 am EST. Morgan Stanley Investment Management began trading two spot digital asset products on NYSE Arca on Tuesday, theMorgan Stanley Ethereum Trust (MSSE)and theMorgan Stanley Solana Trust (MSOL). Each charges0. 14%, the lowest fee in its category, and each will stake a portion of its holdings to earn network rewards. The pricing undercutsGrayscale‘s Mini Ethereum Trust at0. 15%andFranklin Templeton‘s solana fund at0. 19%, according toSoSoValuedata. MSSE tracks the CoinDesk Ether Benchmark 4PM NY Settlement Rate and MSOL tracks the equivalent solana rate. The launches bring MSIM’s digital asset lineup to three products spanning bitcoin, ether, and SOL, inside an ETF and ETP business that now runs more than$14 billionacross 22 funds. This story is an excerpt from theUnchained Daily newsletter. Subscribe here to get these updates in your email for freeBloomberg senior ETF analystEric Balchunascalled Morgan Stanley’s offerings the biggest ether and solana launch since the original spot funds, pointing to the firm’s roughly16,000financial advisors. Balchunas put those advisors’ client assets at$7 trillion. Under normal conditions MSSE intends to stake between50%and80%of its ether, while MSOL can stake up to100%of its SOL, according to the funds’ prospectuses. MSIM says it will not retain any staking rewards for itself. Morgan Stanley namedFigment,Galaxy Blockchain Infrastructure, andCoinbase Canadaas staking providers. Rewards are converted to cash and paid to shareholders monthly, or at least quarterly, rather than compounding inside the fund. MSBT, the bank’s spot bitcoin fund manager,debutd in Aprilwith$34 millionin first-day inflows at the same0. 14%fee. It most recently held nearly$390 million, which Balchunas described as a good sign given the fund launched into a bear market. Related Listen:How Ethereum Institutional Intends to Grow Ethereum’s Market ShareAI-assisted content:This article was produced with the assistance of AI tools and was reviewed, edited, and fact-checked by a member of the Unchained editorial team before publication.