Morgan Stanley Files Ethereum and Solana ETF Amendments on Thursday, Proposing 0.14% Sponsor Fee

Morgan Stanley submitted amended registration documents for spot Ethereum and Solana ETFs with the US Securities and Exchange Commission (SEC) on Thursday, according to the filings. The updated documents reveal a proposed 0.14% sponsor fee for both funds, making them the lowest-cost Ethereum and Solana ETFs if approved, undercutting competitors including Grayscale's Ethereum Trust at 0.15% and Franklin Templeton's SOEZ at 0.19%.

The filings also confirm that Morgan Stanley plans to incorporate staking into both ETF products, with Figment Inc., Galaxy Blockchain Infrastructure LLC, and Coinbase Canada Inc. selected as staking service providers. The proposed Ethereum and Solana funds are expected to trade under ticker symbols MSSE and MSOL, respectively.