- Morgan Stanley launched spot Ethereum and Solana ETFs with a 0.14% fee.
- Both funds will stake part of their crypto holdings to earn additional yield.
- The firm's Bitcoin ETF has already attracted around $400 million in assets.
Morgan Stanley has launched spot Ethereum and Solana exchange-traded funds, offering the lowest permanent management fee currently available among similar products.
Both ETFs charge a 0.14% sponsor fee, undercutting competing spot Ethereum and Solana funds currently available in the U.S. market.
In addition to providing direct crypto exposure, the funds will stake a portion of their ETH and SOL holdings, allowing investors to receive staking rewards alongside potential price appreciation.
Morgan Stanley said the launch expands its growing lineup of digital asset investment products, which now manage more than $14 billion in assets.
The announcement follows the success of the firm's spot Bitcoin ETF, which has accumulated roughly $400 million despite launching during a weaker market environment.
