Morgan Stanley debuts ether, solana exchange-traded products after bitcoin fund success

Morgan Stanley has launched two new exchange-traded products (ETPs) linked to ether (ETH) and solana (SOL), expanding its digital asset investment offerings beyond its previously introduced spot bitcoin fund. The new funds, named the Morgan Stanley Ethereum Trust (MSSE) and Morgan Stanley Solana Trust (MSOL), will trade on NYSE Arca and track CoinDesk benchmark indexes for ether and solana, allowing investors to gain exposure to these cryptocurrencies without directly holding the tokens. Both products charge an expense ratio of 0.14%, which the source notes is the lowest on the market, and include a staking feature where any rewards earned are passed through to investors.

This development follows Morgan Stanley's debut of its Bitcoin Trust (MSBT) earlier in 2026, which had accumulated over $381 million in assets under management by mid-July. The new ether and solana funds reflect ongoing trends among major asset managers who are broadening crypto product offerings in response to heightened investor interest. Ether products are described as well established, while solana ETFs are identified as an emerging area of competition, with eight solana ETPs currently listed by SoSoValue and nearly $890 million in total net assets.

Amy Oldenburg, head of digital asset strategy at Morgan Stanley, emphasized that digital assets are becoming an important part of diversified portfolios. She highlighted the company's focus on providing digital asset solutions that align with Morgan Stanley’s standards for governance, infrastructure, and risk management, aiming to balance exposure to both traditional and decentralized asset classes. The ETPs also benefit from Morgan Stanley’s extensive distribution network, which includes about 16,000 financial advisors managing more than $9 trillion in client assets and the E*TRADE platform that connects with millions of self-directed investors.

The source underscores that Morgan Stanley’s entrance into ether and solana products builds on its bitcoin fund success and positions the firm to serve growing client demand for diversified crypto investments with competitive fees and additional features like staking rewards. This move also aligns with the broader market trend, where firms including BlackRock have introduced crypto income ETFs to cater to investors seeking income from cryptocurrencies.