Morgan Stanley Files New Amendments for ETH and SOL ETFs
The updated filings reveal a 0.14% sponsor fee for both funds, which would make them the lowest-cost Ethereum and Solana ETFs in the US if approved. The documents also confirm plans to stake a portion of the funds crypto holdings, with Figment, Galaxy Blockchain Infrastructure, and Coinbase Canada serving as staking providers. Morgan Stanley Updates ETF Filings Morgan Stanley is closer to launching spot Ethereum and Solana exchange-traded funds (ETFs) in the United States after filing amended registration documents with the US Securities and Exchange Commission (SEC). The latest amendments were submitted on Thursday, and were the second updates to the firms Ethereum and Solana ETF applications since they were initially filed in January. This could be a sign that discussions between Morgan Stanley and the SEC are progressing. One of the most interesting details revealed in the updated filings is the fee structure. Morgan Stanley plans to charge a sponsor fee of just 0.14% for both its Ethereum and Solana ETFs. If approved, this would make the funds the cheapest spot Ethereum and Solana ETFs currently available in the US market. The proposed fee undercuts existing competitors, including Grayscale‘s Mini Ethereum Trust, which currently offers the lowest Ethereum ETF fee at 0.15%, and