Morgan Stanley officially launched its Ethereum (MSSE) and Solana (MSOL) ETPs on NYSE Arca on Tuesday, with management fees of 0.14%. These products are not ETFs as they are not regulated under the Investment Company Act of 1940, but they provide exposure to CoinDesk indices rather than the spot price of the underlying assets. The Ethereum ETF market represents $11.21 billion in assets under management, while the Solana ETF market stands at $1.13 billion. Morgan Stanley’s Bitcoin ETP (MSBT) currently shows $390 million in assets under management.
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