Morgan Stanley Submits Revised S-1 for Ethereum and Solana ETFs at 0.14% Fee Rate on June 18

According to Bitcoin.com, Morgan Stanley submitted a revised S-1 registration statement on June 18 for its proposed Ethereum and Solana ETFs, with both funds charging a 0.14% management fee. If launched at this rate, the fees would undercut the current market lows: Grayscale Ethereum Mini Trust at 0.15% and Franklin Templeton Solana ETF at 0.19%. Morgan Stanley's Ethereum ETF will trade under ticker MSSE, while the Solana ETF will use the ticker MSOL.

The filing also disclosed that both funds will stake a portion of assets through Figment, Galaxy, and Coinbase Canada, with 5% of staking rewards directed to service providers and custodians.