- On Tuesday, Morgan Stanley issued an updated S-1/A for the Ethereum and Solana ETF with 0.14%.
- Along with the lowest fees, Morgan Stanley has combined both ETH and SOL ETFs.
- In both filings, the company names BNY Mellon and Coinbase Custody as joint custodians.
On July 14, Morgan Stanley, and American multinational investment bankshared an amended S-1/A for Ethereum and Solana exchange-traded funds (ETFs). With this filing, the official launch of Ethereum and Solana ETFs is approaching.
Morgan Stanley Makes New Updates to ETH and SOL ETF Filings
Morgan Stanley filed amended filings with the SEC today for its proposed Ethereum and Solana trusts. New updates in both files provide more information to work on The proposal of the company Morgan Stanley Ethereum Trust and Morgan Stanley Solana Trust as the bank moves forward with its crypto ETF offerings after seeing the success of Bitcoin ETFs.
The new document replaces some of the previous S-1 filings effective January 2026. The new documents share information, including child custody arrangements, fees, and both filings.
In both filings, Morgan Stanley clearly named BNY Mellon and Coinbase Custody as joint custodians. This will enable the issuer to combine traditional banking infrastructure with crypto custody services.
Funding for the Ethereum and Solana ETFs will be approximately 0.14% per year, which increases daily based on the price of the asset. This puts Morgan Stanley’s stock among the cheapest in the same space. Also, Morgan Stanley Investment Management Inc. will act as Delegate Sponsor for both ETFs.
The most interesting thing about Ethereum ETFs is their huge rewards. The Ethereum Trust includes the distribution of financial assets through authorized third-party providers. ETH will be invested in a network of smart contracts, where validators will work externally. However, the filing clearly stated the risk of a breach, which could result in the loss of ETH due to the failure of authorized or protocol violations.
According to the filing, Morgan Stanley will list the Ethereum ETF and the Solana ETF on the NYSE Arca under the tickers MSSE and MSOL, respectively.
Trusts are structured as grantor trusts that hold ETFs and SOLs directly. These changes come after the SEC’s responses to securities, fines, and yield issues in the review.
Morgan Stanley Expands Crypto ETF Suite with ETH and SOL Filings
Earlier this year, Morgan Stanley he announced the launch of the Bitcoin ETF, which gave the company an opportunity to view crypto assets. Ethereum and Solana tokens build on that foundation as they compete in a market that has seen impressive growth over the past few months.
Total funds flowing into Bitcoin ETFs have topped $51.31 billion, according to Coinglass. The total daily income is currently around $21.10 million. Despite the boom in the cryptocurrency market, BTC ETFs are still witnessing a boom, which shows the confidence of investors in crypto ETFs.
However, ETH and SOL ETFs have failed to create a buzz among investors. To date, the Ethereum spot ETF’s total assets have risen to more than $2.65 billion, while the Solana ETFs are around $1.13 billion.
Over the past few months, many issuers have filed or amended their S-1s with the SEC. It is focusing on the payment contests and fixed system.
Morgan Stanley currently manages more than $1.5 trillion in advisory assets. This could make it one of the largest providers of SOL and ETH ETFs.
The main focus on ETH and SOL ETFs is their reward or yield. This comes after the SEC shared a big statement on some liquid assets in 2025.
In legal documentThe SEC stated that “It is the opinion of the Division that “Liquid Staking Activities” (as defined below) related to Protocol Staking do not include the offering and sale of securities within the meaning of Section 2(a)(1) of the Securities Act of 1933 (“Securities Act”) or Section 3(a)(10) of the “Securities Exchange Act” (1934 Act of the Securities Exchange).“
However, the regulators have asked the funders to manage the yield of the investors against various risks such as cuts, vulnerability of smart contracts, and savings. In the past, the SEC has agreed to take action in some cases after a lengthy review.
In June, Morgan Stanley Wealth Management disclosed a referral agreement with Galaxy Digital to introduce a way for eligible clients to use cryptocurrency exchange-traded products (ETPs).
