Morgan Stanley filed for Ethereum and Solana ETFs featuring a 0.14% annual sponsor fee. This proposed rate undercuts the 0.25% fee currently charged by the iShares Ethereum Trust (ETHA).
The 0.14% fee is the lowest among all current and proposed US-based Ethereum and Solana ETFs. This development signals a potential price war as competition intensifies in the digital asset market.
The preliminary filings await approval from the Securities and Exchange Commission (SEC) before trading begins.