Morgan Stanley expands crypto lineup with Ether, Solana ETPs

cointelegraphPublished on 2026-07-28Last updated on 2026-07-28

Abstract

Morgan Stanley Investment Management has expanded its cryptocurrency offerings by launching two new exchange-traded products (ETPs) tracking Ether (ETH) and Solana (SOL). The Morgan Stanley Ethereum Trust (MSSE) and Morgan Stanley Solana Trust (MSOL) aim to track the performance of their respective cryptocurrencies using designated settlement rate benchmarks from CoinDesk. Both funds feature a 0.14% expense ratio and plan to stake a portion of their holdings, with staking rewards distributed to investors. This launch follows the firm's recent introduction of spot crypto trading on its E*TRADE platform. In April, Morgan Stanley became the first major U.S. commercial bank to offer a spot Bitcoin ETF, the Morgan Stanley Bitcoin Trust (MSBT), which has grown to over $381 million in assets.

Morgan Stanley Investment Management has launched Ether and Solana exchange-traded products, expanding its fund lineup beyond Bitcoin.

The Morgan Stanley Ethereum Trust (NYSE Arca: MSSE) and Morgan Stanley Solana Trust (NYSE Arca: MSOL) seek to track the performance of Ether (ETH) and Solana (SOL), respectively, using the CoinDesk Ether Benchmark 4PM NY Settlement Rate and CoinDesk Solana Benchmark 4PM NY Settlement Rate.

Both funds carry a 0.14% expense ratio and intend to stake a portion of their holdings, with staking rewards passed through to investors. Morgan Stanley said it will not retain any portion of the staking rewards earned by either fund.

The launch follows Morgan Stanley’s rollout of spot cryptocurrency trading on its E*TRADE platform earlier this month, allowing eligible clients to buy, sell and hold Bitcoin, Ether and Solana through a partnership with crypto infrastructure provider Zero Hash.

In April, Morgan Stanley launched the Morgan Stanley Bitcoin Trust (NYSE Arca: MSBT), becoming the first major US commercial bank to offer a spot Bitcoin ETF. The fund had more than $381 million in assets under management as of July 16, according to the company.

Magazine: Here’s why the CLARITY Act’s ethics deal may be so hard to reach

Trending Cryptos

ctr
CitreaCTR
wstusdt
wrapped stUSDTWSTUSDT
apr
aPrioriAPR
ctx
Cryptex FinanceCTX
audio
AudiusAUDIO
mantra
MantraMANTRA
waxl
AxelarWAXL
bill
Billions NetworkBILL
pyth
PYTH (Pyth)PYTH
rune
THORChainRUNE
brev
BrevisBREV
zrx
ZRX（0X）ZRX
cake
PancakeSwapCAKE
jst
JUSTJST
band
Band ProtocolBAND

Related Questions

QWhat new exchange-traded products has Morgan Stanley Investment Management launched?

AMorgan Stanley Investment Management has launched the Morgan Stanley Ethereum Trust (MSSE) and the Morgan Stanley Solana Trust (MSOL).

QWhat is the expense ratio for the newly launched Morgan Stanley Ethereum and Solana Trusts?

ABoth the Morgan Stanley Ethereum Trust and the Morgan Stanley Solana Trust carry a 0.14% expense ratio.

QHow will the Morgan Stanley Ethereum and Solana Trusts potentially generate additional returns for investors?

AThe funds intend to stake a portion of their holdings, with staking rewards passed through to investors. Morgan Stanley stated it will not retain any portion of these rewards.

QWhat recent development on Morgan Stanley's E*TRADE platform is mentioned in relation to its crypto expansion?

AEarlier this month, Morgan Stanley rolled out spot cryptocurrency trading on its E*TRADE platform, allowing eligible clients to buy, sell, and hold Bitcoin, Ether, and Solana through a partnership with Zero Hash.

QWhat was significant about Morgan Stanley's launch of the Morgan Stanley Bitcoin Trust (MSBT) in April?

AThe launch of the Morgan Stanley Bitcoin Trust in April made Morgan Stanley the first major U.S. commercial bank to offer a spot Bitcoin ETF. As of July 16, the fund had over $381 million in assets under management.

Related Reads

交给曲线，别和周期对抗：宏观分析大师 Raoul Pal 的加密 10 年投资复盘

Raoul Pal, co-founder and CEO of Real Vision, reflects on his 13-year journey in crypto, detailing costly mistakes like selling Bitcoin early due to FUD, which cost him significant potential gains. His key lesson: adopt a long-term perspective, ignore noise, and hold assets through volatility. He distinguishes between Bitcoin as a "vault"—a scarce store of value targeting the global savings pool (like gold)—and smart contract platforms (Ethereum, Solana, Sui) as "rails" for the future machine economy. These platforms will coordinate transactions among AI agents and underpin global asset markets (real estate, debt, equities), representing a market opportunity orders of magnitude larger than Bitcoin's. Addressing bearish sentiment, Pal argues that current pessimism stems from delayed market cycles, not a broken thesis. With economic indicators turning positive (e.g., ISM expansion), conditions are aligning for crypto's growth. His advice: understand the assets, believe in network adoption, and withstand periodic drawdowns. Let the exponential curve work—don't fight the cycle.

marsbit15m ago

交给曲线，别和周期对抗：宏观分析大师 Raoul Pal 的加密 10 年投资复盘

marsbit15m ago

To Hike or Not Tonight: Economists Unanimous on 'No', Markets Price in a 30% Chance

Federal funds futures are repricing ahead of the July FOMC decision, as traders pay a higher premium for the risk of a surprise rate hike or more hawkish signals. This contrasts with economists, where a Reuters survey of 104 analysts unanimously expects rates to remain unchanged at 3.50%-3.75%, with 78 foreseeing no change through year-end. Yet, futures markets have priced in about a 30% probability of a 25-basis-point hike. The core debate, especially under new Fed Chair Kevin Warsh, centers on how the Fed will respond to the oil price shock from Middle East tensions. The market is not necessarily predicting a hike tonight but is hedging against two tail risks: an immediate rate increase, or a hold combined with communication that seriously opens the door for a September hike. This hedging activity has driven up open interest in Fed funds futures. Analysts are divided on how to weight the oil price surge in the Fed's reaction function. Hawkish voices (e.g., BofA) worry that completely dismissing the price pressure could challenge the Fed's inflation credibility in Warsh's first major test. Dovish views (e.g., Citi) argue the shock is primarily supply-driven and that overreacting with rate hikes could unnecessarily hurt growth, unless clear signs of secondary inflation emerge. Warsh's new tenure amplifies policy path uncertainty, as markets lack a stable baseline for his communication style. This environment forces traders to price in a wider range of outcomes, explaining the divergence between unanimous economist forecasts and market hedging. The key focus will be on Warsh's post-meeting commentary. If he downplays the oil shock and stresses anchored long-term expectations, hawkish pricing may recede. If he emphasizes the risk of broader price spillovers and prioritizes returning to 2% inflation, the market will interpret this as reopening the door for a September hike. This would sustain support for the USD, keep pressure on JPY (testing intervention thresholds), and challenge risk assets like stocks and crypto through higher discount rates and weaker sentiment. The baseline remains no action in July, but the communication will determine how far this repricing extends.

marsbit25m ago

To Hike or Not Tonight: Economists Unanimous on 'No', Markets Price in a 30% Chance

marsbit25m ago

Celsius-linked Bitcoin miner Ionic Digital gains 26% in Nasdaq debut

Ionic Digital, a Bitcoin miner and AI infrastructure company linked to the bankrupt crypto lender Celsius, saw its shares surge approximately 26% in its Nasdaq direct listing debut on Tuesday. The stock opened at $50 and closed at $62.90, giving the company an initial market capitalization of around $2.8 billion. Formed in 2024 to acquire Celsius Mining's assets, Ionic has since expanded into AI and high-performance computing. Renaissance Capital noted its $2.4 billion implied value at the reference price made it the largest U.S. direct listing since 2021. The stock later retreated 6.5% to $58.80 in after-hours trading.

cointelegraph50m ago

Celsius-linked Bitcoin miner Ionic Digital gains 26% in Nasdaq debut

cointelegraph50m ago

The Semiconductor Industry's Most Obscure Chokepoint Material: It Has Multiplied in Price Unnoticed, and China Just Banned Its Export

"Helium: The Silent Choke Point in Semiconductors" Helium, despite being the universe's second most abundant element, is critically scarce on Earth. It cannot be synthesized artificially and escapes Earth's gravity once released, making it a non-renewable resource. Yet, it is indispensable for advanced semiconductor manufacturing, requiring ultra-high purity (99.9999%) for processes like wafer etching, leak detection, and thermal management in lithography tools, with no viable substitutes. This low-profile resource, whose price has doubled unnoticed, suddenly gained attention when China imposed an export ban on July 10th. The ban is a response to a severe global shortage triggered months earlier. In March, missile attacks damaged the world's largest helium production hub in Qatar's Ras Laffan, halting a third of global supply with repairs expected to take 3-5 years. Concurrently, Russia tightened export controls, and the US sold off its federal helium reserve. Approximately 200 specialized transport containers, each worth ~$1 million, were stranded with perishable cargo. Global spot prices skyrocketed, and chipmakers like TSMC warned of potential impacts. China, which imports over 84% of its helium (primarily from Qatar and Russia), faces a severe squeeze. Despite being helium-poor, China has developed domestic extraction technology over five years, processing byproduct gases from LNG plants to produce ultra-pure helium. Domestic output, while still only covering less than 20% of demand, enabled the recent export ban aimed at securing domestic supply for its own expanding chip industry. The industry now faces "Helium Shortage 5.0." With key global sources constrained for years, this invisible gas—once wasted on party balloons—has become a critical, geopolitically charged bottleneck for chips, healthcare (MRI machines), and beyond, forcing the world to finally treat it as the finite strategic resource it is.

marsbit1h ago

The Semiconductor Industry's Most Obscure Chokepoint Material: It Has Multiplied in Price Unnoticed, and China Just Banned Its Export

marsbit1h ago

Early Investor of Unitree Bets on a Brain-Computer Interface Company

"Wabo Technologies, a brain-computer interface (BCI) startup, has secured new funding from Vertex Ventures (under Temasek), Hongtai Fund, Chengdu Future Industry Fund, and Huifengda Capital. Vertex Ventures is known for its early bet on Unitree Robotics. Inspired by the sci-fi film "Avatar," founder Zhang Xingzhi has pursued human-machine interaction for over a decade. He established Wabo in late 2025, coinciding with China's push for BCI as a future industry. Unlike companies focused solely on medical hardware, Wabo positions itself as a model company. Its core mission is to develop a "Human Neural Intent Model" that decodes EEG, EMG, and behavioral signals to understand a user's goals, confirmations, corrections, and stop intentions before physical action, translating them into standardized control signals for machines, robots, or smart devices. The young, full-stack team, backed by academic collaborators from Tianjin University and Fudan University, quickly attracted investors. The company had previously raised a seed round from Ceyuan Capital. Investors were impressed by Wabo's systematic capabilities in data collection, signal processing, and engineering, seeing potential beyond a single hardware product toward a reusable layer of human intent interpretation. Applications span medical rehabilitation, smart homes, embodied AI, and even space exploration, with Wabo partnering with Tianjin University on pioneering "space BCI" research. Wabo plans a dual-headquarters strategy, with Shanghai focusing on high-end R&D and model development, and Chengdu handling hardware, product development, and supply chain. The BCI sector in China is heating up, with over 30 financing deals in early 2026. Zhang believes future competition will center on who can build a sustainable data-model-scenario loop. He predicts industry consolidation within three years, with only companies that master this闭环 surviving. The vision from "Avatar" is inching closer to reality."

marsbit1h ago

Early Investor of Unitree Bets on a Brain-Computer Interface Company

marsbit1h ago

Trading

Spot

Hot Articles

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of ETH (ETH) are presented below.

活动图片

Top Questions

Hot Categoriesright-arrow

Hot Tagsright-arrow