Morgan Stanley Investment Management launched spot Ethereum and Solana exchange-traded products on July 28, expanding its cryptocurrency lineup with funds that provide direct exposure to Ether and Solana while staking part of the underlying assets.

The Morgan Stanley Ethereum Trust and Morgan Stanley Solana Trust began trading on NYSE Arca under the tickers MSSE and MSOL. Both products carry annual expense ratios of 0.14%.

According to Morgan Stanley, the funds will distribute 95% of net staking rewards to shareholders, while the remaining 5% will be used to cover staking-related service costs. The firm said the products are designed to give investors exposure to Ether (ETH) and Solana (SOL) through an exchange-traded structure.

The launch follows the debut of Morgan Stanley’s Bitcoin Trust (NYSE: MSBT) earlier this year. In its official press release, the asset manager said MSBT had grown to more than $381 million in assets under management as of July 16, 2026. The firm also said its overall portfolio now totals $14 billion across 22 products.

MSIM said both MSSE and MSOL will stake a portion of their underlying Ether and SOL holdings to generate staking rewards, a feature that may matter to investors who want crypto exposure in a familiar fund wrapper rather than by directly holding tokens.

Eric Balchunas, senior ETF analyst at Bloomberg Intelligence, said Morgan Stanley’s Ethereum and Solana ETF launch stands out because of the company’s scale and distribution network. He wrote:

IMO Morgan Stanley is the biggest ether and sol launch since the initial ETFs (just as their bitcoin launch was more notable since IBIT) simply bc of their sheer size and reach, 16,000 financial advisors managing $7T. The biggest wirehouse on the planet.”

Spot Ethereum ETFs have also continued to attract inflows in July after heavy outflows in May and June. Ether ETFs recorded three consecutive weeks of net inflows, following eight straight weeks of net outflows between mid-May and early July.

On Monday, July 27, spot Ethereum ETFs posted net inflows of $9.31 million, led by continued demand for BlackRock’s iShares Ethereum Trust (ETHA). ETHA brought in $11.75 million in net inflows, while BlackRock’s Staked Ethereum ETF (ETHB) added $0.08 million. These gains were partly offset by $2.52 million in net outflows from Invesco’s QETH, according to Farside Investors. All other ETFs reported no net flows for the session.

Spot Solana ETFs have been available for some time, but institutional demand has not matched the levels seen in Ether or Bitcoin products. Over the past year, SOL has traded sideways to lower amid broader market selling pressure. During that period, the price of SOL has fallen 60% and is currently trading at $73.

Popular analyst Michael van de Poppe said that if Solana (SOL) holds its range lows, it could move toward $120.