Morgan Stanley launched the Morgan Stanley Ethereum Trust (MSSE) and the Morgan Stanley Solana Trust (MSOL) on NYSE Arca on July 28, with an expense ratio of 0.14%, the lowest in the US market. Both funds stake a portion of their holdings and pass the full rewards back to shareholders without additional fees. Staking targets range from 50% to 80% for ETH and up to 100% for SOL, through third-party providers like Figment, Galaxy and Coinbase Canada. These launches follow the Morgan Stanley Bitcoin Trust which currently manages over $381 million in assets under management. The bank’s entire crypto suite represents over $14 billion in assets under management.
Source: Read the original article
