Morgan Stanley Updates Ethereum and Solana ETF Filings, Plans 0.14% Fee
Financial services firm Morgan Stanley on Thursday filed amended S-1 documents with the U.S. Securities and Exchange Commission, updating its Ethereum and Solana ETF applications and proposing a 0.14% fee for both products.
Currently, the lowest fee among spot Ethereum ETFs in the U.S. is the Grayscale Ethereum Staking Mini ETF at 0.15%; among spot Solana ETFs, the Franklin Solana ETF charges 0.19%. Morgan Stanley's latest filings also indicate that Figment, Galaxy Blockchain Infrastructure, and Coinbase Canada will provide staking services for both ETFs, with each fund charging a 5% staking fee on rewards generated by the products.
The Morgan Stanley Ethereum Trust is proposed to trade under the ticker MSSE, while the Morgan Stanley Solana Trust is proposed to use the ticker MSOL. (Cointelegraph)
