Morgan Stanley targets ETH and Solana ETF lead with lowest fees
Morgan Stanley has moved to compete on cost in the U.S. Ethereum and Solana ETF market, filing amended documents with the SEC that set a 0.14% sponsor fee for both its Ethereum and Solana trusts. The pricing undercuts Grayscale's 0.15% fee on ether products and Franklin Templeton's 0.19% fee on Solana. The filings also include a staking component: each fund plans to stake a portion of its holdings, with 95% of staking rewards paid to shareholders and 5% allocated to service providers including Figment, Galaxy and Coinbase Canada.