Investment management firm Morgan Stanley is set to charge the lowest fees for its Ether (ETH) and Solana (SOL) exchange-traded funds. The entity has filed amended Form S-1 statements with the U.S. Securities and Exchange Commission for the same.
Morgan Stanley to charge record low fees for crypto ETFs
According to the amended Form S-1 statement, Morgan Stanley intends to charge just 0.14 percent fees for its ETH and SOL-based spot ETFs. This figure, once approved, would be the lowest fees not only in the U.S. but across the world.
The ETH-based ETF will be called the Morgan Stanley Ethereum Trust with the ticker “MSSE”, while the Solana ETF will trade under the “MSOL” ticker, called the Morgan Stanley Solana Trust.
As of Monday, Grayscale’s Ethereum Mini Staking ETF charges the lowest fee for an ETH-based spot ETF, at 0.15 percent. Meanwhile, Franklin Templeton’s spot Solana ETF, and the Franklin Solana ETF (SOEZ), charge 0.19 percent, data from Farside Investors says.
It’s worth highlighting that this is the second instance that Morgan Stanley has decided to update its ETF filing since January 2026. Typically, amendments signal that the SEC is very close to approving the application for the relevant financial products.
Once approved, Morgan Stanley’s offerings will be the 11th ETH-based and 7th SOL-based spot ETF in the U.S.
Analysts speculate that by charging the lowest fee, Morgan Stanley is trying to compensate for its late foray into the crypto ETF market. The space is already dominated by the likes of BlackRock, Fidelity, and Grasycale.
To recall, Morgan Stanley’s spot Bitcoin ETF charges 0.14 percent fee, slightly lower than Grayscale’s mini Bitcoin ETF’s 0.15 percent fee. Benefits of charging the lowest fee in the market are evident, as the firm’s BTC ETF saw $194 million in net inflows in its debut month after launch.
Notably, Galaxy Blockchain Infrastructure, Coinbase Canada, and Figma will offer staking services for both of Morgan Stanley’s ETFs. Each fund will charge a 5 percent staking fees for the staking rewards earned by the product.
Altcoin ETFs gaining momentum
While Bitcoin ETFs have proven to be a resounding success on Wall Street, moving closer to $2 trillion in cumulative trading volume, altcoin-based ETFs haven’t yet experienced success at similar levels.
That said, institutions continue to file for altcoin-focused ETFs. On May 18, asset managers VanEck and Grayscale updated their BNB ETF application with the SEC. Similarly, on June 1, Grayscale shared details of its HYPE-based ETF.
