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Morgan Stanley files amendments for ETH and SOL ETFs, revealing lowest fees in market

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Morgan Stanley files amendments for ETH and SOL ETFs, revealing lowest fees in market.

Morgan Stanley has filed amendments for its spot Ethereum (ETH) and Solana (SOL) exchange-traded funds, signaling progress on both applications that follow its recent bitcoin ETF debut.

Key facts

Summary

On Thursday, the Wall Street bank submitted the amended S-1 registration statement for the applications with the Securities and Exchange Commission. The latest S-1 filings revealed sponsor fees for the ETFs, both set at 0.14%. Currently, Grayscale's Mini Ethereum Trust offers the lowest sponsor fee of 0.15%, while Franklin Templeton's SOEZ has the lowest among Solana ETFs, of 0.19%, according to data from SoSoValue. The amendments also revealed that Figment Inc., Galaxy Blockchain Infrastructure LLC, and Coinbase Canada, Inc., will serve as staking service providers for the funds.

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