Morgan Stanley Investment Management has officially launched two new exchange-traded funds focused on Ethereum and Solana, marking a significant expansion of the bank's cryptocurrency investment products. According to an announcement and ETF analyst Eric Balchunas, the Morgan Stanley Ethereum Trust (MSSE) and Morgan Stanley Solana Trust (MSOL) began trading on the NYSE Arca today, each carrying an expense ratio of just 0.14% — making them the cheapest ETFs in their respective categories.
The Ethereum Trust is designed to track the price of Ether while earning staking rewards on a portion of the fund's holdings, offering investors exposure to Ethereum's price movements and the added potential of network staking yields. The Solana ETF similarly mirrors Solana's performance by following the CoinDesk Solana Benchmark settlement rate and invests directly in SOL. Both funds enter the market with 50,000 shares outstanding and initial assets of slightly over $1 million each.
This launch follows the earlier introduction of the Morgan Stanley Bitcoin Trust (MSBT), which was the first cryptocurrency ETP offered by a U.S. bank-affiliated asset manager and has amassed over $381 million in assets as of July 16, 2026. Morgan Stanley emphasized that the new ETFs are part of a broader effort to meet rising investor demand, and notably, they support staking — with the firm pledging not to retain any portion of the staking rewards generated by either fund.
