Crypto · 28 July, 2026 · 3 min read
Morgan Stanley Launches Ethereum and Solana ETPs With 0.14% Expense Ratio
Morgan Stanley launched two spot ETPs, MSSE for Ethereum and MSOL for Solana, NYSE Arca-listed. Expense ratio 0.14% with staking rewards distributed to investors for both ETPs.
Staking-reward handling is described slightly differently across outlets.
8 of 9 outlets skipped it: criptoNoticias frames the timing as a “bear market” question..
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Same story, two versions
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Crypto News
“Service providers and custodians will retain up to 5% of the staking rewards”Read the original ↗
Bitcoin News and Crypto News imply different staking reward retention by third parties.
Morgan Stanley adds MSSE, MSOL
Morgan Stanley Investment Management launched two new exchange-traded products tied to cryptocurrencies, the Morgan Stanley Ethereum Trust (MSSE) and the Morgan Stanley Solana Trust (MSOL), listed on NYSE Arca on July 28, 2026.
“The Morgan Stanley Ethereum Trust (NYSE Arca: MSSE) and Morgan Stanley Solana Trust (NYSE Arca: MSOL)”
The MSSE and MSOL are designed to track Ether (ETH) and Solana (SOL) using the CoinDesk Ether Benchmark 4PM NY Settlement Rate and the CoinDesk Solana Benchmark 4PM NY Settlement Rate, respectively.
Both products carry an expense ratio of 0.14% and intend to stake a portion of their holdings, with staking rewards passed through to investors.
Morgan Stanley said it will not retain any portion of the staking rewards earned by either fund, and the launch follows the earlier Morgan Stanley Bitcoin Trust (MSBT) on NYSE Arca.
Ally Wallace, Global Head of ETFs for MSIM, said the addition of the funds is "la evolución natural" of its product suite, aimed at providing simplified access to digital assets through the ETP wrapper.
Staking, fees, and distribution
Morgan Stanley’s staking plan is framed as a way to generate additional rewards for investors, with Decrypt saying the funds will stake a portion of their holdings and pass any staking rewards through to investors.
The firm’s approach to fees and staking is also described as part of a broader push beyond Bitcoin, with Decrypt noting the launch follows "a series of crypto initiatives this year, including a Bitcoin ETF, E*TRADE crypto trading, and tokenization plans."
In the same announcement, Morgan Stanley’s Global Head of ETFs for MSIM, Ally Wallace, said the addition of MSSE and MSOL reflects the "natural evolution of our product suite" that provides simplified access through the ETP wrapper.
Amy Oldenburg, head of digital asset strategy at Morgan Stanley, said in a statement that "The addition of MSSE and MSOL reflects the natural evolution of our product suite" and positioned digital assets as an increasingly important component of diversified portfolios.
Benzinga also highlighted the scale of Morgan Stanley’s distribution reach, quoting Bloomberg Intelligence analyst Eric Balchunas saying Morgan Stanley is the biggest ether and sol launch since the initial ETFs because of its size and reach.
What the launch signals next
The launch comes after Morgan Stanley’s spot Bitcoin Trust (MSBT) had more than $381 million in assets under management as of July 16, and TradingView reported that the Bitcoin fund had more than $381 million in assets under management as of July 16.
“The fund had more than $381 million in assets under management as of July 16”
iProUP linked the broader ETF momentum to market positioning, saying that when new funds enter, managers must buy BTC to back new shares, and that the resulting inflow streak is interpreted as a sign that "está volviendo un poco el interés de los grandes jugadores".
Apezteguia, cofoundador de Crossing Capital, said the U.S. spot ETFs achieved "un giro notable" and that they accumulated close to $1.000 millones in net inflows during six or seven consecutive sessions.
iProUP also reported that Bitcoin moved near $66.000 after a weekly high of $66.891, then fell below $65.000, while still trading approximately 50% below the record of $126.080 reached in October.I
Morgan Stanley’s new MSSE and MSOL therefore extend its regulated crypto lineup beyond Bitcoin, with the firm stating its ETP suite now exceeds $14 billion in assets under management across 22 products.