Morgan Stanley Updates Ethereum and Solana ETF Filings Ahead of Launch

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• Morgan Stanley filed amended S-1 registration statements for its proposed spot Ethereum and Solana ETFs with the U.S. SEC.
• Both ETFs will charge a 0.14% sponsor fee and are proposed to trade under the ticker symbols MSSE and MSOL on NYSE Arca.
• Updated filings include staking, custody, and service provider agreements, indicating continued progress toward potential regulatory effectiveness.

Morgan Stanley Updates Ethereum ETF Filing With New Staking and Custody Details

Morgan Stanley has submitted an amended S-1 registration statement to the U.S. Securities and Exchange Commission (SEC) for its proposed spot Ethereum exchange-traded fund, marking another step in the regulatory review process following the firm’s spot Bitcoin ETF debut earlier this year.

The latest amendment, dated July 14, updates several operational details for the proposed fund, including delegated sponsor arrangements, Coinbase Prime services, Coinbase custody agreements, and trade finance provisions. The ETF is expected to list on NYSE Arca under the ticker symbol MSSE.

According to the filing, the Ethereum ETF will charge a 0.14% sponsor fee. The fund also plans to stake between 50% and 80% of its ETH holdings through staking providers including Figment, Galaxy Blockchain, and Coinbase Canada.

The filing states that staking providers and custodians will receive 5% of staking rewards, while the remaining rewards will stay within the trust for investors. Morgan Stanley Investment Management, serving as the delegated sponsor, said it will not retain the remaining staking rewards.

The Bank of New York Mellon and Coinbase Custody have been designated as custodians for the proposed Ethereum ETF.

Solana ETF Filing Mirrors Ethereum Structure

Morgan Stanley also filed an updated S-1 registration statement for its proposed spot Solana ETF, which is expected to trade on NYSE Arca under the ticker symbol MSOL.

Like the Ethereum product, the proposed Solana ETF carries a 0.14% management fee. The filing outlines plans to stake up to 100% of the fund’s SOL holdings using Figment, Galaxy Blockchain, and Coinbase Canada as staking providers.

The Solana ETF adopts the same staking reward distribution model as the Ethereum ETF, with 5% allocated to staking service providers and custodians while the remaining rewards stay within the trust. Cash custodians, crypto custodians, the administrator, transfer agent, and marketing agent also mirror the service provider structure used for Morgan Stanley’s spot Bitcoin ETF.

Latest Amendments Advance ETF Review Process

The amended filings represent the latest regulatory updates for Morgan Stanley’s proposed Ethereum and Solana ETFs. Such amendments typically reflect ongoing discussions between issuers and the SEC as registration statements move through the review process. Earlier amendments disclosed key structural details, while the latest filings further refine custody, staking, and operational arrangements ahead of potential effectiveness.

Commenting on the updated documents, Bloomberg ETF analyst James Seyffart said:

Morgan Stanley’s proposed products also follow the firm’s expansion into U.S. spot crypto ETFs after launching its spot Bitcoin ETF earlier this year. The Morgan Stanley Bitcoin Trust (MSBT) currently manages about $357 million in net assets and holds more than $379 million worth of Bitcoin.

Morgan Stanley shares (NYSE: MS) closed at $227.67 on July 14, advancing 2.98% during the regular trading session after gaining $6.58. The stock traded between an intraday low of $224.10 and a high of $232.11, reflecting strong investor demand. In after-hours trading, the shares climbed further to $231.49, suggesting continued positive market sentiment following the company’s latest crypto ETF developments.