# Morgan Stanley launches low‑fee Ethereum and Solana ETPs with staking

**Published:** 2026-08-02T07:10:08.098Z  
**Topic:** Ethereum  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/d9a0e17c-d9f1-49c6-b200-4f29adb5db37

Morgan Stanley adds Ethereum (MSSE) and Solana (MSOL) ETPs on July 28, charging 0.14% fees and passing 95% of staking rewards to investors—key details for

Morgan Stanley Investment Management debuted two exchange‑traded products—MSSE for Ethereum and MSOL for Solana—on July 28, offering spot exposure, staking from day one and the industry‑lowest 0.14% annual expense ratio, a move that could reset pricing benchmarks for U.S. crypto ETPs.  

| At a glance | |
|---|---|
| Launch date | July 28, 2026 |
| Tickers | MSSE (Ethereum), MSOL (Solana) |
| Expense ratio | 0.14% annual |
| Staking reward pass‑through | ~95% to shareholders |
| Staking provider | Figment |

## Product design and pricing  
The trusts track the CoinDesk Ether and Solana Benchmarks at the 4 PM NY settlement rate while staking a portion of their holdings—50‑80% of ETH and up to 100% of SOL—according to the prospectuses [3]. Figment, the largest non‑custodial institutional staking provider, was selected to run the validators and handle reward distribution [3]. By design, about 95% of staking rewards, after validator and operational costs, are expected to flow to shareholders [2][3].  

Both funds entered the market with a 0.14% expense ratio, undercutting every existing U.S. spot Ether and Solana product at the time of launch [2]. This fee floor mirrors the compression seen in Bitcoin ETFs, where competition drove fees lower over recent years, and sets a new benchmark for alt‑coin ETFs.  

## Market impact and distribution  
Morgan Stanley’s entry leverages its extensive adviser network and retail distribution channels, giving investors a familiar vehicle for proof‑of‑stake exposure without the need to manage wallets or direct staking [2]. The launch follows the firm’s earlier Bitcoin Trust, extending its digital‑asset platform to the two largest proof‑of‑stake networks [2]. As a major U.S. bank‑affiliated asset manager, Morgan Stanley’s pricing and staking features are likely to pressure competing issuers to either lower fees or add differentiated services.  

## What to watch  
- **Fee competition:** Whether rival Ether and Solana ETPs adjust expense ratios in response to the 0.14% benchmark.  
- **Staking reward flow:** Monitoring the actual percentage of rewards passed to shareholders as the funds scale their validator operations.  
- **Regulatory landscape:** SEC actions on crypto ETFs that could affect the eligibility of staking‑enabled products.  

Morgan Stanley’s low‑cost, staking‑enabled ETPs signal a shift toward more investor‑friendly economics in the alt‑coin ETF space, but the extent to which competitors will match these terms—and how regulators will treat staking‑enabled structures—remains to be seen.

## Sources
1. Crypto Briefing — [Morgan stanley launches staked Ethereum and Solana ETPs powered by coinbase technology](https://cryptobriefing.com/morgan-stanley-launches-staked-ethereum-and-solana-etps-powered-by-coinbase/)
2. FinanceFeeds — [Morgan Stanley Just Undercut Every Ether and Solana ETF at 0.14%](https://financefeeds.com/morgan-stanley-just-undercut-every-ether-and-solana-etf-at-0-14/)
3. TMCnet — [Morgan Stanley Investment Management Selects Figment as a Staking Provider for Its New Ether and SOL ETPs](https://www.tmcnet.com/usubmit/2026/07/28/10421385.htm)

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Cite as: TrendWatcher, "Morgan Stanley launches low‑fee Ethereum and Solana ETPs with staking", https://www.trendwatcher.in/article/d9a0e17c-d9f1-49c6-b200-4f29adb5db37