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Crypto 350

06/19 05:32

Morgan Stanley updates Ethereum and Solana ETFs to

#World Cup Predictions: 100,000 USDT Daily #TradFi Trading Strategies Sharing Challenge #HTX Creation Challenge — Post and Win 1,500U 💥 Morgan Stanley updates Ethereum and Solana ETFs to include staking with 95% rewards retained and 0.14% fee. Morgan Stanley has amended its Ethereum and Solana ETF filings to incorporate staking, allowing 95% of staking rewards to remain in the trusts while charging a 0.14% annual sponsor fee. The staking structure involves custodians depositing crypto into staking contracts and third-party providers operating validators, with 5% of rewards paid to service providers. Ethereum's filing reveals a validator queue causing about a 63-day wait to earn staking rewards. These changes expand Morgan Stanley's crypto product offerings, complementing its existing Bitcoin ETF and wealth management partnerships with Galaxy Digita
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