Morgan Stanley Investment Management has launched two new exchange-traded products tracking Ether and Solana, both with staking rewards passed directly to investors, a first in the crypto ETP space.

The move extends Morgan Stanley’s crypto push, which began with its Bitcoin fund in April 2026. It also makes the firm one of the first major U.S. commercial banks to bring yield-bearing crypto exposure into regulated, exchange-listed wrappers, a structure that may be easier for advisers and clients to access than direct token ownership.

The products went live as SOL and ETH were trading higher over the past 24 hours, with SOL up 1% and ETH up 1.6%. Ether was trading at $1,910, just above support at $1,900, while Solana was at $73.80, holding above support at $70.

BREAKING: Morgan Stanley launches a Solana ETP, $MSOL , on NYSE Arca. Their first crypto ETP pulled $381M in months. SOL now sits inside a $14B product suite, staked, with every reward passed to investors. pic.twitter.com/WQjmEKnxpE — Solana (@solana) July 28, 2026

What MSSE and MSOL Offer

The Morgan Stanley Ethereum Trust (NYSE Arca: MSSE) and Morgan Stanley Solana Trust (NYSE Arca: MSOL) each carry a 0.14% expense ratio.

Both funds intend to stake a portion of their holdings, with all staking rewards flowing through to investors. Morgan Stanley said it will not retain any portion of the staking rewards earned by either fund, a notable commitment at a time when fee and yield structures vary widely across competing products.

Staking means locking up part of an investor’s ETH or SOL to help validate transactions on the Ethereum and Solana proof-of-stake networks in exchange for protocol-level rewards. Under Morgan Stanley’s structure, those rewards are passed to shareholders rather than being kept by the fund manager.

That matters because staking changes the economics of holding these assets inside a fund: investors get price exposure through an exchange-listed product while also receiving the network rewards associated with the tokens themselves, within the rules of the product wrapper.

For investors tracking Ethereum’s near-term price trajectory, institutional demand of this scale adds a structural demand signal on top of existing spot ETF flows.

BREAKING: Morgan Stanley Investment Management (MSIM) launches Ethereum Staking ETP. MSIM, which manages ~$2 trillion in total AUM, has launched the Morgan Stanley Ethereum Trust (MSSE). 0.14% expense ratio, with an expected 95% of staking rewards passed to investors. pic.twitter.com/1flhuyMtV1 — Ethereum Institutional (@ethereuminsti) July 28, 2026

How It Fits Morgan Stanley’s Broader Crypto Expansion

The Ether and Solana ETPs follow the Morgan Stanley Bitcoin Trust (NYSE Arca: MSBT), which launched in April 2026 and had accumulated more than $381 million in assets under management as of July 16, according to the company.

That Bitcoin fund also carried a 0.14% expense ratio, positioning the broader product suite as a low-cost alternative to incumbents such as Grayscale.

Earlier in July, Morgan Stanley also introduced spot cryptocurrency trading on its E*TRADE platform through a partnership with crypto infrastructure provider Zero Hash. The service gives eligible retail clients direct access to Bitcoin, Ether, and Solana.

Taken together, the ETP launches and the E*TRADE trading rollout point to a coordinated strategy rather than a one-off product decision, expanding the bank’s crypto offerings across both adviser channels and self-directed brokerage clients.

Market Context and Implications for SOL and ETH

For Solana, an institutional product that systematically stakes holdings removes supply from active circulation, creating a slow but consistent demand floor.

Traders watching for a SOL breakout above $80 now have an additional institutional catalyst to consider.

The fee pressure is also notable. At 0.14%, Morgan Stanley’s products undercut many existing crypto ETPs, while the firm’s network of roughly 19,000 financial advisers gives it a distribution advantage that most crypto-native asset managers cannot match, according to background research on the filings.

The main question now is whether assets under management in MSSE and MSOL grow at a pace similar to or faster than the Bitcoin Trust’s $381 million rise, and whether sustained inflows help ETH and SOL attract more attention from advisers and eligible retail clients over the next several quarters.