Morgan Stanley Expands Digital Asset Suite with Ethereum and Solana ETP Launches

Morgan Stanley Investment Management has expanded its cryptocurrency exchange-traded product lineup with the launch of the Morgan Stanley Ethereum Trust and Morgan Stanley Solana Trust on NYSE Arca.

By Michael Turner | Edited by Julia Sakovich Published:
Morgan Stanley Expands Digital Asset Suite with Ethereum and Solana ETP Launches
Morgan Stanley Investment Management launches the Morgan Stanley Ethereum Trust and Morgan Stanley Solana Trust. Photo: Pexels

Morgan Stanley Investment Management has officially broadened its digital asset footprint with the launch of two new exchange-traded products: the Morgan Stanley Ethereum Trust and the Morgan Stanley Solana Trust. Trading on NYSE Arca under the ticker symbols MSSE and MSOL, respectively, the vehicles provide institutional and retail investors with direct price tracking for ether and SOL, the native digital assets of the Ethereum and Solana blockchain networks.

The launches mark a major expansion following the debut of the Morgan Stanley Bitcoin Trust (NYSE Arca: MSBT) earlier this year, which made Morgan Stanley the first US bank-affiliated asset manager to offer a cryptocurrency ETP. Building on the success of MSBT, which accumulated more than $381 million in assets under management through July 16, 2026, the addition of MSSE and MSOL allows the firm to offer investment solutions tied to three of the largest digital assets by market capitalization. MSSE seeks to track the performance of ether via the CoinDesk Ether Benchmark 4PM NY Settlement Rate, while MSOL utilizes the CoinDesk Solana Benchmark 4PM NY Settlement Rate.

Low-Cost Pricing and Integrated Staking Yields

Both new products enter the market with a competitive expense ratio of 0.14 percent, reflecting a commitment to building a cost-effective digital asset suite. Beyond tracking spot price movements, both MSSE and MSOL intend to stake a portion of their underlying ether and SOL holdings to earn network staking rewards.

Morgan Stanley confirmed that it will not retain any portion of the staking rewards earned by either trust, passing all generated yields directly through to shareholders. Ally Wallace, Global Head of ETFs for Morgan Stanley Investment Management, noted that adding MSSE and MSOL represents a natural evolution of the firm’s product suite, seeking to simplify access to digital assets through the familiar ETP wrapper. By embedding staking directly into the product structure, investors can participate in yield generation without managing private keys or validator technicals.

Strategic Growth Across Global Wealth Channels

The product launches arrive amid rapid growth for Morgan Stanley Investment Management’s broader ETF and ETP business, which has expanded to over $14 billion in assets under management across 22 products since its inception in 2023. The platform now encompasses a wide variety of strategies, including Calvert ESG funds, Parametric equity products, Eaton Vance fixed income ETFs, and digital asset trusts. Overall, the asset management division oversaw more than $2 trillion in assets under management or supervision as of June 30, 2026.

Amy Oldenburg, Head of Digital Asset Strategy at Morgan Stanley, highlighted that digital assets are becoming an increasingly vital component of diversified portfolios. Oldenburg emphasized that as client demand grows, the firm remains focused on delivering solutions that allow investors to bridge traditional and decentralized asset classes while maintaining Morgan Stanley’s established standards for governance, infrastructure, and risk management.