Morgan Stanley amended SEC filings for its proposed Ethereum (MSSE) and Solana (MSOL) ETFs with a 0.14% management fee — the lowest in crypto ETFs — while offering staking yield (50-80% ETH, up to 100% SOL). Its Bitcoin ETF (MSBT), launched just April 8, already holds $364M.
Morgan Stanley amended SEC filings for its proposed Ethereum (MSSE) and Solana (MSOL) ETFs with a 0.14% management fee — the lowest in crypto ETFs — while offering staking yield (50-80% ETH, up to 100% SOL). Its Bitcoin ETF (MSBT), launched just April 8, already holds $364M.
Morgan Stanley amended its SEC filings for the Morgan Stanley Ethereum Trust (MSSE) and Morgan Stanley Solana Trust (MSOL) on July 10, 2026, disclosing a 0.14% annual management fee for both funds. That undercuts every competitor: BlackRock's IBIT at 0.25%, Bitwise at 0.20%, Franklin Templeton at 0.19%, and even Grayscale at 0.15%.
The Ethereum Trust (MSSE) would trade on NYSE Arca and stake 50-80% of its ETH holdings under normal conditions, with BNY and Coinbase Custody as custodians. Staking providers and custodians receive 5% of rewards; 95% accrues to the trust. The Solana Trust (MSOL) would stake up to 100% of its SOL, using the same custody arrangement and reward split.
The proof of concept is already running. Morgan Stanley's Bitcoin Trust (MSBT) launched April 8, 2026, at the same 0.14% fee — the first proprietary spot crypto ETF from a major US commercial bank. As of July 10, 2026, MSBT trades at $18.47/share with approximately $364.23M in net assets, ranking in the top 1% of ETF launches by volume and early adoption.
The competitive signal is sharp. SOL ETF AUM has already crossed $1B led by Bitwise's BSOL (launched October 2025). Brian Rudick, CSO of Solana treasury company Upexi and formerly head of research at GSR, noted: 'Issuers don't compete on price until the product is close to a commodity and the fight is for share, the same compression the spot BTC ETFs went through.'
Both MSSE and MSOL remain in registration; no launch dates have been confirmed.
Capital Group ($3.3T AUM) disclosed a 10.63% stake (136M shares, ~$203M) in Metaplanet, making it the largest shareholder of Japan's premier Bitcoin treasury company. The firm already holds a position in Strategy, now extending its Bitcoin treasury thesis across two jurisdictions.
T. Rowe Price, the $1.89 trillion asset manager, launched the T. Rowe Price Active Crypto ETF (TKNZ) on NYSE Arca — the first actively managed multi-token spot crypto exchange-traded product in the marketplace. The fund holds a diversified portfolio across Bitcoin, Ethereum, BNB, XRP, Solana, and Hyperliquid, with active allocation adjustments led by Blue Macellari, Head of Digital Assets since 2022.
The SEC approved an immediately effective rule change quadrupling IBIT options position limits from 250,000 to 1,000,000 contracts, enabling up to $5B in notional options exposure per participant. The approval landed the same day BlackRock reported record $15.3T AUM and $191.7B Q2 inflows, even as IBIT shed $3.3B during the quarter.