Morgan Stanley debuts ether, solana exchange-traded products after bitcoin fund success
CoinDesk 2026-07-28 14:30:57
Context: Morgan Stanley has introduced exchange-traded products (ETPs) tracking ether and solana, expanding its digital asset offerings beyond bitcoin. The new funds, Morgan Stanley Ethereum Trust (MSSE) and Morgan Stanley Solana Trust (MSOL), will trade on NYSE Arca and utilize CoinDesk benchmark indexes. This move follows the success of its spot bitcoin fund and growing investor demand for diversified digital asset portfolios.
Key Facts
- Morgan Stanley's new ETPs, Morgan Stanley Ethereum Trust (MSSE) and Morgan Stanley Solana Trust (MSOL), track the CoinDesk Ether Benchmark 4PM NY Settlement Rate and CoinDesk Solana Benchmark 4PM NY Settlement Rate, respectively.
- The funds charge a market-leading 0.14% expense ratio and plan to stake a portion of their ether or SOL holdings, passing any staking rewards through to investors.
- Morgan Stanley's 16,000 financial advisors and E*TRADE platform provide a significant distribution advantage for the new ETPs, which could tap into over $9 trillion in client assets.
- The Morgan Stanley Bitcoin Trust (MSBT), which debuted earlier this year, had gathered more than $381 million in assets under management through July 16.
- There are already eight SOL exchange-traded funds listed by SoSoValue, with total net assets of $889.3 million, indicating a growing market for solana-based investment products.