Morgan Stanley filed amended S-1 registration statements for spot Ethereum and Solana exchange-traded funds (ETFs).
The firm set sponsor fees for both products at 0.14%. This pricing undercuts current competitors to establish a new market low.
The proposed Ethereum ETF will trade under the ticker MSSE. The Solana ETF will trade under the ticker MSOL.
This expansion follows the previous launch of the firm's spot Bitcoin ETF. Morgan Stanley intends to leverage its wealth management network to attract client assets through aggressive price competition.