Morgan Stanley has secured approval from NYSE Arca to list two spot cryptocurrency exchange-traded funds, marking a significant step for institutional crypto exposure. The proposed products will trade under the MSOL and MSSE tickers, pending final certification documents that will set their official trading dates.
The registration filings became automatically effective under Section 12(b) of the Securities Exchange Act. Morgan Stanley Investment Management will sponsor the ETFs, charging a competitive management fee of 0.14% – among the lowest proposed for U.S. crypto funds. Both ETFs incorporate staking: the Ethereum fund plans to stake 50% to 80% of its ETH holdings, while the Solana ETF may stake up to 100% of its SOL. Staking rewards will primarily flow to the fund, with providers (Figment, Galaxy Blockchain, Coinbase Canada) receiving only 5%, giving traditional investors regulated yield exposure without managing wallets or validators. Custody will be split between Bank of New York Mellon and Coinbase Custody.
On the price front, Ethereum is consolidating near $1,860 after being rejected at the $1,950–$2,000 resistance zone. The four-hour chart shows an ascending trend line with buyers defending $1,750. A break above $1,950 could target $2,000 and then $2,400. Solana trades near $76, having gained about 7% in a month, with immediate resistance at $78. A confirmed move above $78 could propel SOL toward the $90–$95 range, an area that also holds the 200-day EMA. ETF inflows have been positive, with Solana funds attracting roughly $12 million in July, and the network’s stablecoin supply has hit $17 billion, signaling robust demand.
