Morgan Stanley launches Ethereum and Solana ETPs with staking

Morgan Stanley listed two new crypto funds on NYSE Arca at once — the Ethereum Trust (MSSE) and the Solana Trust (MSOL), and Solana is getting a product like this from a major Wall Street bank for the first time. Both funds carry a 0.14% expense ratio and stake a portion of holdings, passing the staking rewards entirely to investors — the bank keeps none of it, Decrypt reports.

• Tickers: MSSE (Ethereum Trust) and MSOL (Solana Trust), trading began July 28 on NYSE Arca
• Expense ratio: 0.14% annually for both funds
• The April-launched Bitcoin Trust (MSBT) had already gathered $381 million in AUM as of July 16
• Morgan Stanley's full ETF/ETP lineup now manages over $14 billion across 22 products

“Since introducing our first ETFs in 2023, we've built a diversified suite of ETFs and ETPs that now exceed $14 billion in assets under management.”

— Ally Wallace, Global Head of ETFs, Morgan Stanley Investment Management

Quote source: Decrypt.

The bank's Head of Digital-Asset Strategy, Amy Oldenburg, said previously that Morgan Stanley is "not going to stop at just Bitcoin. It's really about the longer-term journey, and there's quite a long way to go." Beyond the new ETPs, Morgan Stanley has already tested tokenized money market funds in 2026, explored digital-asset tax strategies through Parametric, and rolled out spot crypto trading on E*TRADE in July via a partnership with Zero Hash, CryptoTimes notes.

We've covered how Ethereum ETFs have been beating bitcoin ETFs on inflows for three straight weeks — Ethereum ETFs beat bitcoin on inflows; MSSE's launch from one of the biggest US banks lands right as institutional interest in Ethereum is already picking up.

Passing staking rewards entirely to investors isn't charity — it's a competitive move: the bank earns on management fees, not on a staking-yield spread, and that's exactly how it plans to pull capital away from earlier, less generous rivals.

None of this should be read as personalized investment advice.