Morgan Stanley's Crypto Buffet Adds $ETH and $SOL to the Menu at a Penny Pincher's Price 🏦

Morgan Stanley filed an amended S-1 registration statement on July 14 for spot Ethereum and Solana ETFs, advancing the Wall Street firm's push deeper into crypto products following its spot Bitcoin ETF debut earlier this year. Bloomberg ETF analyst James Seyffart said the amended filings indicate Morgan Stanley is moving closer to launching the new funds. The proposed Ethereum ETF is set to list and trade on NYSE Arca under the ticker symbol MSSE, with a sponsor fee of 0.14%.

The latest amendment to the Ethereum filing names Coinbase Prime as the updated delegated sponsor and outlines Coinbase custodial and trade finance agreements. The Solana ETF amendment likewise specifies a 0.14% sponsor fee and assigns the ticker MSOL, according to the filings. The fee level matches the lowest reported for U.S. spot crypto ETFs to date, according to the same filings.

Morgan Stanley also disclosed in the Solana filing that it plans to stake between 50% and 80% of the fund's holdings through approved network validators, a structural feature distinguishing the product from purely passive spot exposure. The Ethereum filing did not contain a comparable staking disclosure in the materials reviewed. Both amended S-1 documents were submitted to the U.S. Securities and Exchange Commission on July 14.

If the SEC declares the registrations effective, MSSE and MSOL would become the first U.S. spot ETFs offering direct exposure to Ethereum and Solana under the Morgan Stanley brand, expanding the firm's digital asset lineup beyond its spot Bitcoin ETF. The amended filings do not specify an exact launch date, and effectiveness remains subject to standard SEC review.