Morgan Stanley today launched exchange-traded products tied to ether and solana, becoming one of the first major Wall Street banks to offer ETPs for both assets. The new products are low-cost, the firm said, and are available to eligible clients. The move expands the investment bank's digital asset lineup beyond bitcoin, where its existing fund has pulled in over $381 million in assets under management.
Ether and Solana ETPs go live
The products track the spot prices of ether and solana. Morgan Stanley is positioning them as low-cost options for clients who want crypto exposure through a traditional brokerage account. The firm didn't disclose the exact expense ratios, but the low-cost label puts them in competition with similar products from other issuers. The ETPs are available now to eligible Morgan Stanley clients. The ether ETP and solana
