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MS is expanding its crypto strategy with Ethereum and Solana ETPs, adding staking and broadening its digital-asset platform.
Ethereum price rose 2% as Morgan Stanley launched low-cost ETH and Solana ETFs with 0.14% fees and staking rewards.
Morgan Stanley unveils new Ethereum and Solana ETFs, expanding its crypto lineup after its Bitcoin ETF surpassed $381 million in assets.
The asset manager is offering low-cost ETH and SOL exchange-traded products after its bitcoin fund topped $381 million in assets.
The launch comes on the heels of the firm’s Bitcoin Trust (MSBT), now with more than $381 million in assets under management.
Morgan Stanley has a sponsor fee of 0.14%, 11 basis points less than BlackRock’s iShares Bitcoin Trust.
Morgan Stanley filed amendments on Tuesday, July 14, to its registration documents for exchange-traded funds tied to Ethereum and Solana.
This is the newest page. Registered accounts read further back.