Morgan Stanley lists Ether and Solana ETPs on NYSE Arca with 0.14% fee

Launch and structure

The new funds are designed to track the performance of ETH and SOL, the native tokens of the Ethereum and Solana networks. Each carries an annual management fee of 0.14%, a level that places them among the lowest-cost US crypto exchange-traded products described in the source report.

Morgan Stanley classifies the vehicles as exchange-traded products rather than exchange-traded funds. In practical terms, they resemble spot crypto funds by holding digital assets directly and giving investors exposure through standard brokerage accounts, without the need to manage wallets or private keys themselves.

The listing came after completion of the registration process. NYSE Arca approved the products after the firm submitted the necessary filings to the US Securities and Exchange Commission.

Staking built into the products

A notable feature of both products is the ability to stake part of their holdings in order to earn blockchain rewards. In proof-of-stake networks, staking involves committing tokens to support transaction validation and network security.

According to regulatory filings cited in the report, MSSE plans to stake between 50% and 80% of its Ether holdings. MSOL may stake as much as 100% of its Solana position. The named staking providers include Figment, Galaxy’s blockchain infrastructure business, and Coinbase Canada.

The report said service providers and custodians may keep up to 5% of staking rewards, with the remainder going to the funds. Even so, investor returns are still expected to depend mainly on movements in ETH and SOL prices. The staking model also introduces operational, liquidity and network-related risks.

Position in the US market

The report describes MSSE and MSOL as the first Ethereum and Solana exchange-traded products issued by an asset manager affiliated with a US bank. Their launch gives US investors another regulated option to access crypto exposure in taxable brokerage and other eligible investment accounts.

Morgan Stanley had already entered the segment earlier in 2026 with the Morgan Stanley Bitcoin Trust, trading under the ticker MSBT. As of July 24, that product held about $392 million in net assets, according to the firm’s product page cited in the source.

The bank has also widened direct crypto access through E*TRADE, where customers can buy and sell Bitcoin, Ether and Solana using infrastructure from Zerohash. Separately, Morgan Stanley has applied to establish a national trust bank focused on digital assets.

Competitive and market backdrop

The new listings could add pressure on fees in the US crypto fund market. The 0.14% charge undercuts the management fees on many rival Ethereum and Solana products, although the source notes that investors still need to weigh differences in tracking and in how issuers handle staking income.

The launch arrives during a mixed stretch for US crypto funds. Bitcoin ETFs had logged three straight trading sessions of net outflows after a seven-day run of inflows, according to the report. Ethereum funds posted net inflows on six of the previous eight trading days, while Solana products recorded four inflow days in that span and two sessions with no net flows.

The source also linked those uneven fund flows to broader market weakness, with Bitcoin pulling back after retesting $65,000 and both ETH and SOL facing selling pressure as traders reduced exposure to risk assets.

Morgan Stanley’s move adds to the involvement of traditional financial firms in digital assets even as crypto prices soften. Early trading volumes and fund inflows into MSSE and MSOL may indicate whether the bank’s brand, low fee structure and staking feature are enough to draw assets from existing competitors.