Morgan Stanley debuts staking-enabled ETH and SOL ETFs on NYSE Arca
Ecosystem ·
The bank rolled out spot Ethereum and Solana exchange-traded products carrying a 0.14% expense ratio and built-in staking rewards, positioning them among the market's lowest-fee options.
Morgan Stanley launched the spot Ethereum and Solana ETFs with a competitive fee structure, listing them on NYSE Arca with staking rewards integrated into the products, according to The Block. The 0.14% expense ratio places the funds among the cheapest staking-enabled crypto ETPs currently available to investors.
The staking component allows the products to generate yield directly from the underlying network validation process rather than relying solely on price exposure to ETH and SOL. That structure lets holders capture rewards typically reserved for direct stakers, folded into the ETF wrapper itself, without requiring investors to manage validator infrastructure or lockup mechanics on their own.
The move was also flagged by wublockchain.xyz, with four distinct sources covering the launch, pointing to broad attention around the debut. The repeated emphasis across coverage on the low expense ratio and staking integration suggests the combination is being read as a notable step in how traditional asset managers are packaging crypto exposure for mainstream brokerage accounts.
By listing on NYSE Arca, the products sit alongside existing spot crypto ETFs but differentiate themselves through the staking yield feature, a structure that has been gaining traction as issuers compete on both cost and functionality. The pairing of Ethereum and Solana in a single launch also signals an expansion beyond Bitcoin- and Ethereum-only product lines that have dominated the space so far.
Not yet detailed in the available material are the specific staking reward rates investors can expect, the custodial or validator partners involved, and how the products' performance may track versus direct staking or unstaked spot exposure. Whether other large asset managers respond with similarly priced staking-enabled offerings, and how regulators view the staking mechanism within an ETF wrapper going forward, remain open questions.