Morgan Stanley Amends Ethereum and Solana ETF Filings with 0.14% Fee

Morgan Stanley updated proposed Ethereum and Solana exchange-traded trust filings with a 0.14% annual sponsor fee and new staking details, according to amended S-1/A disclosures reported from SEC filing materials. The amended filings show the trusts would stake underlying assets, retaining 95% of staking rewards inside the trusts for investors and allocating 5% to staking service providers and custodians. The updated disclosures add competitive pressure to the growing altcoin ETF market, where fees and staking economics have become key differentiators as issuers prepare products that have not yet received final regulatory approval.

Morgan Stanley Discloses 0.14% Fee in Amended Filings

The updated S-1/A disclosures apply to proposed Ethereum and Solana products that have not yet received final approval. A 0.14% annual sponsor fee would position the proposed funds near the low end of the crypto ETF cost spectrum, meaning investors would pay less in annual fund expenses compared with higher-fee products if the funds are approved and launched as described. The fee disclosure signals that major financial institutions are willing to compete aggressively for crypto ETF assets.

Staking Structure Allocates 95% of Rewards to Investors

According to the filing details described in the source materials, Morgan Stanley's proposed structure would retain 95% of staking rewards inside the trusts for investors, while 5% would compensate staking service providers and custodians. The sponsor would not take an additional cut of those rewards beyond the stated management fee. The amended filing language discloses risks associated with staking, including validator operations, lock-up mechanics, possible delays, and slashing risk if validators fail or behave improperly.

Amended Filings Do Not Constitute Regulatory Approval

Amended S-1 filings are not approvals. They show that an issuer is continuing to work through disclosure, structure, and regulator feedback, but they do not guarantee launch. The report is based on SEC EDGAR filing materials accessible through the SEC company search framework and market reporting on the amended Morgan Stanley Ethereum and Solana trust filings.

FAQ

What fee did Morgan Stanley disclose in the amended Ethereum and Solana ETF filings?
Morgan Stanley disclosed a 0.14% annual sponsor fee in the amended S-1/A filings for proposed Ethereum and Solana exchange-traded trusts, according to SEC filing materials.

How does the staking structure work in Morgan Stanley's proposed ETFs?
The amended filings show that 95% of staking rewards would be retained inside the trusts for investors, while 5% would be allocated to staking service providers and custodians. The sponsor would not take an additional cut beyond the stated management fee.