{"id":75240,"date":"2026-07-11T02:06:38","date_gmt":"2026-07-11T02:06:38","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/morgan-stanley-targets-ethereum-and-solana-etf-market-share-amid-intensifying-fee-competition\/"},"modified":"2026-07-11T02:06:38","modified_gmt":"2026-07-11T02:06:38","slug":"morgan-stanley-targets-ethereum-and-solana-etf-market-share-amid-intensifying-fee-competition","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/morgan-stanley-targets-ethereum-and-solana-etf-market-share-amid-intensifying-fee-competition\/","title":{"rendered":"Morgan Stanley Targets Ethereum and Solana ETF Market Share Amid Intensifying Fee Competition"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Morgan Stanley\u2019s ethereum and solana filings extend the bank\u2019s proprietary crypto ETF strategy beyond its existing Bitcoin fund.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The proposed pricing suggests crypto ETFs are shifting from product novelty toward competition for investor assets.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Both trusts would include staking and institutional custody but remain preliminary offerings without confirmed launch dates.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Why the Crypto ETF Market May Be Entering a Commodity Phase<\/h2>\n<p>Morgan Stanley\u2019s proposed ethereum and <span>solana<\/span> exchange-traded funds (ETFs) would enter a market where issuers increasingly offer similar exposure to the same assets. The firm recently amended both filings with the U.S. Securities and Exchange Commission (SEC) to include a 0.14% management fee, below Grayscale\u2019s 0.15% and Franklin Templeton\u2019s 0.19%. The narrow spread signals intensifying price competition.<\/p>\n<p>Brian Rudick, chief strategy officer at <span>Solana<\/span> treasury company Upexi and formerly head of research at <span>crypto<\/span> trading firm and <span>liquidity<\/span> provider GSR, argued that the fee matters less than what it suggests about the market\u2019s development. On July 9, he <a href=\"https:\/\/x.com\/thetinyant\/status\/2075247610349179020\" target=\"_blank\" rel=\"noopener noreferrer\">shared<\/a> on X:<\/p>\n<blockquote>\n<p>\u201cIssuers don\u2019t compete on price until the product is close to a commodity and the fight is for share, the same compression the spot <span>BTC<\/span> ETFs went through.\u201d<\/p>\n<\/blockquote>\n<p>\u201c <span>SOL<\/span> ETF AUM already crossed $1B, led by Bitwise\u2019s BSOL, so there is real share to fight over,\u201d he added.<\/p>\n<p>The argument places the 0.14% fee within a shift from product creation to asset gathering. Once several issuers offer similar exposure, management costs become one of the clearest points of distinction. His comparison with spot <span>bitcoin ETFs<\/span> suggests ethereum and <span>solana<\/span> products may be entering the same phase of fee compression.<\/p>\n<p>Bitwise launched its <span>solana<\/span> ETF, BSOL, on NYSE Arca in October 2025, marking the first U.S.-listed vehicle to provide direct exposure to spot <span>SOL<\/span>. The fund goes beyond simple price tracking by actively <span>staking<\/span> its holdings, allowing <span>staking<\/span> rewards to contribute to fund returns after applicable expenses.<\/p>\n<h2>How Morgan Stanley Designed the Ethereum and Solana Trusts<\/h2>\n<p>The Morgan Stanley Ethereum Trust would trade on NYSE Arca under the ticker MSSE and track the Coindesk Ether Benchmark 4PM NY Settlement Rate. Alongside its proposed 0.14% fee, Morgan Stanley Investment Management intends to <span>stake<\/span> 50% to 80% of the trust\u2019s ether under normal conditions.<\/p>\n<p>BNY and Coinbase Custody would hold the ethereum trust\u2019s assets. <span>Staking<\/span> providers and custodians would receive an aggregate 5% of <span>staking<\/span> rewards, leaving the remainder with the trust. Net rewards would be distributed monthly, but at least quarterly, though the filing does not guarantee the amount.<\/p>\n<p>The Morgan Stanley <span>Solana<\/span> Trust would trade on NYSE Arca under the ticker MSOL and track the Coindesk <span>Solana<\/span> Benchmark 4PM NY Settlement Rate. It would also carry a proposed 0.14% fee. The trust may <span>stake<\/span> up to 100% of its <span>SOL<\/span> while keeping some holdings unstaked for redemptions, expenses and distributions.<\/p>\n<p>BNY and Coinbase Custody would also serve as custodians for MSOL. <span>Staking<\/span> providers and custodians would receive 5% of <span>staking<\/span> rewards, leaving 95% with the trust. Net rewards would be distributed monthly, but at least quarterly, while validator block rewards and transaction fees would not accrue to shareholders.<\/p>\n<h2>What Morgan Stanley\u2019s Bitcoin ETF Shows About the Strategy<\/h2>\n<p>Morgan Stanley has already used the same fee level in its <a href=\"https:\/\/news.bitcoin.com\/morgan-stanley-bitcoin-etf-tops-100-million-in-six-days\/\">spot bitcoin product<\/a>. The Morgan Stanley <span>Bitcoin<\/span> Trust began trading under the ticker MSBT on April 8, 2026, with a 0.14% annual management fee. That undercut Blackrock\u2019s IBIT at 0.25% and Bitwise\u2019s spot <span>bitcoin ETF<\/span> at 0.20%.<\/p>\n<p>MSBT became the first proprietary spot <span>cryptocurrency<\/span> ETF launched under the name of a major U.S. commercial bank. As of July 10, 2026, it traded at $18.47 per share and held about $364.23 million in total net assets. Its debut ranked in the top 1% of ETF launches by <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-trading-volume\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">volume<\/a> and early adoption.<\/p>\n<p>The proposed <a href=\"https:\/\/branch.wallet.bitcoin.com\/news-contextual-eth\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">ETH<\/a> and <a href=\"https:\/\/markets.bitcoin.com\/crypto\/solana?utm_source=bitcoin_news\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">SOL<\/a> funds remain preliminary, and shares cannot be sold until the registration statements become effective. No firm launch dates have been announced. SEC effectiveness and subsequent asset flows would show whether Morgan Stanley\u2019s combination of low fees, <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-staking\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">staking<\/a> income and bank-backed distribution can win market share.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/morgan-stanley-targets-ethereum-and-solana-etf-market-share-amid-intensifying-fee-competition\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Morgan Stanley\u2019s ethereum and solana filings extend the bank\u2019s proprietary crypto ETF strategy beyond its existing Bitcoin fund. The proposed pricing suggests crypto ETFs are shifting from product novelty toward competition for investor assets. Both trusts would include staking and institutional custody but remain preliminary offerings [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":75241,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75240"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=75240"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75240\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/75241"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=75240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=75240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=75240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}