Morgan Stanley Targets Ethereum, Solana ETF Market With Cheapest Products Yet

Morgan Stanley has filed amended registration statements with the US Securities and Exchange Commission for spot Ethereum ($ETH) and Solana ($SOL) exchange-traded funds, setting a 0.14% annual sponsor fee for each product. The fee is the lowest disclosed for any spot crypto ETF in the US market across both asset classes.

Undercutting the Competition

The updated filings, submitted on June 18, are the second round of amendments for both applications, which were originally lodged in January 2026. The June 18 submission marks the first time a specific fee was confirmed for either product, as prior amendments added structural details but left the fee blank.

The 0.14% fee is lower than the current cheapest US spot Ether ETF fee of 0.15% charged by the Grayscale Ethereum Staking Mini ETF, and below the lowest spot Solana ETF fee of 0.19% charged by the Franklin Solana ETF. BlackRock's iShares Ethereum Trust ETF (ETHA) carries a 0.25% sponsor fee, while Bitwise's Solana staking ETF (BSOL) launched at 0.20%.

The filings name the funds the Morgan Stanley Ethereum Trust, ticker MSSE, and the Morgan Stanley Solana Trust, ticker MSOL. Both funds are set to trade on NYSE Arca.

Staking Component Adds Further Appeal

Figment Inc., Galaxy Blockchain Infrastructure LLC, and Coinbase Canada Inc. are listed as staking service providers. Morgan Stanley plans to stake a portion of the Ether and Solana held by the funds to generate additional rewards, with 5% of staking rewards paid to staking service providers and custodians. That structure means 95% of staking rewards would remain inside each fund, giving investors both spot price exposure and incremental yield.

If the SEC approves the funds, the Ether trust would become the 11th US spot Ether ETF and the Solana trust would be the seventh spot Solana ETF to launch in the United States. The filings are preliminary, and the SEC must declare both registration statements effective before shares can trade. Filing an amendment typically signals active dialogue between an issuer and the SEC's review staff, but no firm launch date has been set for either fund.

Unchained Crypto: Morgan Stanley Files Amended ETH and SOL ETF Registrations at Market-Low 0.14% Fees
Bitcoin.com News: Morgan Stanley Sets 0.14% Fee on Amended Ethereum and Solana ETFs Filing