What to know:
- Morgan Stanley plans to launch Ether and Solana ETFs with industry-leading low fees.
- The proposed 0.14% fee would make both funds the cheapest crypto ETFs in the US.
- Strong inflows into Morgan Stanley’s Bitcoin ETF suggest low-cost products can attract investors.
Morgan Stanley is preparing to shake up the crypto ETF market once again. The financial giant has updated its filings for two new exchange-traded funds tied to Ethereum and Solana. The move comes with a clear message: lower fees can be a powerful weapon.
According to amended filings submitted to the US Securities and Exchange Commission, the firm plans to charge just 0.14% for both products. If approved, the fee would be lower than any competing spot Ether or Solana ETF currently available in the United States.
Bloomberg ETF analyst Eric Balchunas noted that the planned fee structure would make the products “the cheapest in the US and world.” The aggressive pricing highlights the firm’s strategy as it seeks to gain ground in a market already led by major players such as BlackRock and Fidelity.
Also Read: Morgan Stanley and Galaxy Widen Access to Crypto ETPs
Morgan Stanley Targets Crypto ETF Leadership
The proposed Ether fund, called the Morgan Stanley Ethereum Trust, will trade under the ticker MSSE. The Solana product, known as the Morgan Stanley Solana Trust, will trade under the ticker MSOL.
At present, the lowest-fee spot Ether ETF in the US charges 0.15%, while the lowest-fee spot Solana ETF charges 0.19%. By pricing both funds at 0.14%, the firm is positioning itself as the most cost-effective choice for investors seeking crypto exposure through traditional markets.
The updated filings are also significant because they may indicate that regulatory approval is drawing closer. ETF amendments often signal active discussions between issuers and regulators before a launch.
Morgan Stanley Builds on Bitcoin ETF Success
Morgan Stanley used a similar strategy earlier this year when it launched its Bitcoin ETF with a 0.14% fee. The approach appears to have worked.
The fund attracted $30.6 million in inflows on its first day and has since gathered $331 million in total inflows. That performance has allowed it to surpass competing products from Invesco, Franklin Templeton, and CoinShares.
The latest filings also reveal that Figment, Galaxy Blockchain Infrastructure, and Coinbase Canada will provide staking services. Each ETF will charge a 5% fee on staking rewards, creating an additional revenue stream while offering investors exposure to yield-generating digital assets.
Also Read: SEC Approves T. Rowe Price Crypto ETF With BTC, ETH, and XRP
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