Morgan Stanley Adds Ether and Solana ETPs to Crypto Suite

Woofun AI reports that Morgan Stanley Investment Management has extended its digital asset portfolio beyond Bitcoin by introducing new exchange-traded products for Ether and Solana.

The Morgan Stanley Ethereum Trust (NYSE Arca: MSSE) and Morgan Stanley Solana Trust (NYSE Arca: MSOL) are designed to track Ether (ETH) and Solana (SOL) performance via the CoinDesk Ether Benchmark 4PM NY Settlement Rate and CoinDesk Solana Benchmark 4PM NY Settlement Rate. Both vehicles maintain a 0.14% expense ratio and distribute staking rewards directly to investors, with Morgan Stanley retaining no portion of these yields.

This product expansion coincides with the earlier this month rollout of spot cryptocurrency trading on the ETRADE platform, facilitated by a partnership with Zero Hash. The move builds on the April launch of the Morgan Stanley Bitcoin Trust (NYSE Arca: MSBT), which established the firm as the first major US commercial bank to offer a spot Bitcoin ETF.

Per Woofun AI, the Bitcoin trust had accumulated $381 million in assets under management as of July 16. This trajectory signals a sustained institutional push into diversified digital asset exposure.