Following the success of its Bitcoin fund earlier this year, Morgan Stanley has added two new exchange-traded vehicles linked to Ether and Solana to its range of cryptocurrency investments.
The new products, Morgan Stanley Solana Trust and Morgan Stanley Ethereum Trust, are now trading on NYSE Arca. Investors will be exposed to the two cryptocurrencies without having to actively buy or store them thanks to both funds’ ability to track Ether and Solana values via CoinDesk benchmark rates. The action is in response to growing investor demand for regulated cryptocurrency investment products.
Source: morganstanley.com
Morgan Stanley’s position in the rapidly expanding digital asset sector is strengthened by the launch. The company launched the Morgan Stanley Bitcoin Trust earlier this year, making it the first bitcoin ETP provided by an asset manager connected to a U.S. bank. The Bitcoin fund attracted assets under management valued at over $381 million as of July 16, which prompted the business to increase the range of digital assets it offers.
The newest offerings from Morgan Stanley come at a time when big banks are expanding their cryptocurrency holdings. After spot Bitcoin ETFs were approved in the US in January 2024, asset managers started expanding their offerings to include other popular cryptocurrencies. Solana is starting to emerge as the next big area of competition, but ether investment products have already garnered a lot of attention. Eight Solana exchange-traded funds are now listed, and their combined net assets are close to $889 million, according to market statistics.
BREAKING: Morgan Stanley launches a Solana ETP, $MSOL, on NYSE Arca.
Their first crypto ETP pulled $381M in months. SOL now sits inside a $14B product suite, staked, with every reward passed to investors. pic.twitter.com/WQjmEKnxpE
— Solana (@solana) July 28, 2026
Digital assets are becoming a more significant component of diversified investment portfolios, according to Amy Oldenburg, Head of Digital Asset Strategy at Morgan Stanley. She pointed out that the firm’s attempts to provide a greater choice of investment products while upholding strict standards of infrastructure, governance, and risk management are being motivated by increased client interest.
Both MSSE and MSOL come with an expense ratio of just 0.14%, making them among the lowest-cost crypto investment products currently available. The funds also plan to stake a portion of their Ether and Solana holdings to generate additional staking rewards. Unlike some competing products, Morgan Stanley said those rewards will be passed on to investors instead of being retained by the company.
The new launches also build on the rapid growth of Morgan Stanley Investment Management’s ETF and ETP business. Since introducing its first exchange-traded products in 2023, the firm’s ETF platform has expanded to more than $14 billion in assets across 22 products, including digital asset ETPs, fixed-income ETFs and sustainable investment funds.
Morgan Stanley also enjoys a major distribution advantage. Its wealth management division includes around 16,000 financial advisors overseeing more than $9 trillion in client assets. In addition, its ownership of E*TRADE provides direct access to millions of self-directed investors, potentially giving the new Ether and Solana products a wider reach than many competing offerings.
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