Morgan Stanley Investment Management has launched two new exchange-traded products tracking Ether and Solana, expanding its offering beyond Bitcoin. The Morgan Stanley Ethereum Trust (NYSE Arca: MSSE) and Morgan Stanley Solana Trust (NYSE Arca: MSOL) replicate the performance of Ether and Solana using CoinDesk benchmark rates. Both funds charge a 0.14% expense ratio and intend to stake a portion of their holdings, with staking rewards fully passed through to investors. This launch follows the introduction of spot cryptocurrency trading on Morgan Stanley’s E*TRADE platform, as well as the Morgan Stanley Bitcoin Trust launched in April, the first spot Bitcoin ETF offered by a major US commercial bank, which manages over $381 million in assets.
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