Morgan Stanley Investment Management (MSIM) launched the Morgan Stanley Ethereum Trust (MSSE) and the Morgan Stanley Solana Trust (MSOL). These exchange-traded products (ETPs) track the performance of ether and SOL. This expansion follows the earlier release of the Morgan Stanley Bitcoin Trust (MSBT).
Both new ETPs carry an expense ratio of 0.14%. MSIM intends to stake a portion of the holdings to generate additional returns for investors.
The firm uses these regulated vehicles to provide simplified access to digital assets. MSIM’s total assets under management for its ETP suite now exceeds $14 billion.