Morgan Stanley Launches Ether And Solana Exchange-Traded Products At 0.14% Fee
Morgan Stanley Investment Management launched two exchange-traded products, the Morgan Stanley Ethereum Trust and Solana Trust, on the NYSE Arca with a 0.14% expense ratio. Both funds will stake a portion of their underlying ether and solana holdings, with the firm retaining zero percent of the staking rewards.
The trusts expand the firm’s exchange-traded product lineup to include bitcoin, ether, and solana. Morgan Stanley will leverage its network of 16,000 financial advisors managing $7T in client assets to distribute the products following its recent bitcoin fund launch.
From the sources (6 posts)
@ericbalchunasMorgan Stanley Ether and Solana ETFs are launching today.. both charge 0.14% instantly making them the cheapest in each category. Their bitcoin ETF is up to $400m in 4mo despite launching in middle of winter. Good sign.
@eleanorterrettRT @EricBalchunas: Morgan Stanley Ether and Solana ETFs are launching today.. both charge 0.14% instantly making them the cheapest in each…
@wublockchainMorgan Stanley Launches Ether and Solana ETPs With Staking Morgan Stanley Investment Management launched the Morgan Stanley Ethereum Trust (MSSE) and Solana Trust (MSOL) on NYSE Arca, each carrying a 0.14% expense ratio. Both products inte
@ericbalchunasIMO Morgan Stanley is biggest ether and sol launch since the initial ETFs (just as their bitcoin launch was more notable since IBIT) simply bc of their sheer size and reach, 16,000 financial advisors managing $7T. The biggest wirehouse on p
@wublockchainSource:
@jseyffRT @EricBalchunas: Morgan Stanley Ether and Solana ETFs are launching today.. both charge 0.14% instantly making them the cheapest in each…