Morgan Stanley, a US investment bank and wealth manager, said on July 28 that its Morgan Stanley Ethereum Trust and Morgan Stanley Solana Trust, trading as MSSE and MSOL, started trading on NYSE Arca, expanding its crypto lineup months after it launched the Morgan Stanley Bitcoin Trust.

The funds track CoinDesk benchmark rates for ether and solana, hold the tokens with institutional custodians, charge a 0.14% expense ratio that places them among the lower-cost US spot crypto exchange-traded products, and give investors exposure without directly holding the assets.

MSSE generally intends to stake 50% to 80% of its ether holdings, and MSOL up to 100% of its solana holdings, with 95% of gross staking rewards expected to go to shareholders, subject to legal, regulatory, and tax considerations.

Morgan Stanley said its Bitcoin Trust had gathered more than US$381 million in assets under management as of July 16.

The launch followed a June 2025 US Securities and Exchange Commission staff statement that certain protocol staking does not constitute a securities offering under specific conditions, though the view is non-binding.

SoSoValue listed eight SOL exchange-traded funds with combined net assets of US$889.3 million.

🔗 Source: CoinDesk