Morgan Stanley Investment Management has launched spot Ethereum and Solana exchange traded products with staking integrated from their first day of trading. The Morgan Stanley Ethereum Trust (MSSE) and Morgan Stanley Solana Trust (MSOL) are now available on NYSE Arca with an expense ratio of 0.14%, making them the cheapest in their respective categories. The bank stated that approximately 95% of staking rewards will be passed through to shareholders with no retention by the issuer. Figment was selected as the staking infrastructure provider to operate validators for both funds. This new launch brings Morgan Stanley’s digital asset lineup to three products, following the Morgan Stanley Bitcoin Trust which accumulated approximately $400 million in assets within four months.
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