- Morgan Stanley updated filings for Ethereum and Solana ETFs.
- Both funds would charge a 0.14% annual fee.
- The ETFs plan to include staking rewards.
- The filings suggest progress with regulators.
Morgan Stanley has filed updated registration documents for its proposed Ethereum and Solana exchange-traded funds, revealing what could become the lowest fees in the crypto ETF market.
Both products would charge investors an annual sponsor fee of just 0.14%, undercutting current competitors in both the Ethereum and Solana ETF sectors.
The filings also confirm that the funds plan to participate in staking, allowing a portion of the held ETH and SOL to generate additional yield. Staking services would be provided by firms including Figment, Galaxy, and Coinbase Canada.
The Ethereum ETF is expected to trade under the ticker MSSE, while the Solana ETF would trade under MSOL.
Industry observers often view updated S-1 filings as a sign of ongoing discussions between issuers and the SEC. While approval is not guaranteed, the latest amendments indicate that the application process continues to move forward.
Morgan Stanley's bitcoin ETF launched earlier this year and has already attracted more than $300 million in net inflows.
