Morgan Stanley Rolls Out Ethereum and Solana Staking ETFs

Morgan Stanley Investment Management has introduced two spot crypto exchange-traded products that offer exposure to Ethereum and Solana while generating staking income. The Morgan Stanley Ethereum Trust (MSSE) and Morgan Stanley Solana Trust (MSOL) began trading on NYSE Arca on July 28, each with an annual expense ratio of 0.14%. The funds hold Ether (ETH) and Solana (SOL) directly and will stake a portion of their underlying assets. Morgan Stanley said it will pass through 95% of net staking rewards to shareholders, with the remaining 5% used to cover staking-related service costs. The launch expands the firm's crypto lineup following the debut of its Bitcoin Trust (MSBT) earlier this year. In a company release, Morgan Stanley said MSBT had grown to more than $381 million in assets under management as of July 16, 2026. Across its platform, the firm said its overall lineup totals about $14 billion across 22 products. Bloomberg Intelligence senior ETF analyst Eric Balchunas said the move is notable given Morgan Stanley's scale and distribution reach, citing its 16,000 financial advisors overseeing roughly $7 trillion. The rollout comes as spot Ethereum ETFs show renewed momentum after heavy redemptions in May and June. On July 27, spot Ethereum ETFs posted $9.31 million in net inflows, led by BlackRock's iShares Ethereum Trust (ETHA), which drew $11.75 million. BlackRock's Staked Ethereum ETF (ETHB) added $0.08 million, while Invesco's QETH saw $2.52 million in net outflows, according to Farside Investors. Other products reported flat flows for the session. Solana-focused ETFs, by contrast, have yet to see demand on par with Ether or Bitcoin funds. SOL has traded sideways to lower over the past year amid broader selling pressure, down about 60% and recently changing hands around $73. Analyst Michael van de Poppe said a hold of the range lows could open a move toward $120.