Morgan Stanley Launches Ether and Solana ETPs on NYSE Arca

How the staking works

Morgan Stanley tapped Figment for validator services on both ETPs. That means the underlying tokens are staked to earn network rewards, and those rewards flow through to holders after the fund's expenses. The 0.14% fee is notably low for a staking-enabled product — most competitors charge between 0.5% and 1% for similar features. The bank didn't disclose the exact staking yield, but Solana's current staking rate hovers around 6-7% annually, while Ethereum's is roughly 3-4%.

SEC chair pushes Clarity Act as window narrows

Separately, SEC Chair Gary Gensler? Wait, original says "SEC Chair Paul Atkins" - but Paul Atkins is not the current SEC chair. The article says "SEC Chair Paul Atkins". I need to keep proper nouns as given. So "SEC Chair Paul Atkins" stays. Translate: "SEC:n puheenjohtaja Paul Atkins". But careful: The original says "SEC Chair Paul Atkins renewed his support..." - I'll keep "SEC Chair Paul Atkins" as is? The requirement says keep proper nouns in original form. So "SEC Chair Paul Atkins" remains. However, in Finnish text, we might write "SEC:n puheenjohtaja Paul Atkins". But since it's a proper name and title, I'll keep as "SEC Chair Paul Atkins" to be safe? Actually, requirement: "Keep proper nouns (names, company names) in original form". So "SEC Chair Paul Atkins" is a name/title, but "SEC" is an acronym. I'll keep "SEC Chair Paul Atkins" unchanged. Similarly, "Clarity Act" stays. Let's translate the paragraph: "SEC Chair Paul Atkins renewed his support for the Clarity Act this week, pledging technical assistance to Congress as lawmakers race to finalize the bill. The legislation aims to draw clear lines between SEC and CFTC jurisdiction over crypto assets — a long-standing source of confusion for issuers and exchanges. Atkins's public backing comes as Congress faces a limited legislative window before the August recess. If the Clarity Act doesn't pass in the next few weeks, it could stall until fall." Finnish: "SEC:n puheenjohtaja Paul Atkins uudisti tällä viikolla tukensa Clarity Act -laille, luvaten teknistä apua kongressille, kun lainsäätäjät kiirehtivät saattamaan lakiesityksen loppuun. Lainsäädännön tavoitteena on vetää selkeät rajat SEC:n ja CFTC:n toimivallan välille kryptoomaisuuserien osalta – pitkäaikainen sekaannuksen lähde liikkeeseenlaskijoille ja pörsseille. Atkinsin julkinen tuki tulee, kun kongressilla on rajallinen aikaikkuna ennen elokuun taukoa. Jos Clarity Act ei mene läpi seuraavien viikkojen aikana, se voi viivästyä syksyyn asti." But note: The original says "Clarity Act" and "Clarity Act" is a proper name, so keep as is. Also "SEC" and "CFTC" are acronyms, keep. Next paragraph: "Bitcoin, Ether steady ahead of Fed" -> "Bitcoin ja Ether vakaana ennen Fediä" "Bitcoin recovered after briefly slipping below a key support level earlier in the week, while Ethereum stabilized following a selloff that pushed prices lower. The moves come as traders eye the Federal Reserve's upcoming policy decision, which is expected to set the tone for risk assets in the near term. European banks are also expanding blockchain infrastructure for tokenized settlements, a trend that could boost institutional demand for crypto ETPs like Morgan Stanley's new offerings." Translation: "Bitcoin toipui viikon alussa lyhyesti luiskahtamisen jälkeen tärkeän tukitason alapuolelle, kun taas Ethereum vakiintui myyntiaalhon jälkeen, joka painoi hintoja alemmas. Liikkeet tapahtuvat, kun kauppiaat tarkkailevat Federal Reserven tulevaa politiikkapäätöstä, jonka odotetaan asettavan sävyn riskiomaisuuserille lähitulevaisuudessa. Eurooppalaiset pankit laajentavat myös lohkoketjuinfrastruktuuria tokenisoituja selvityksiä varten, trendi, joka voi lisätä institutionaalista kysyntää krypto-ETP:ille, kuten Morgan Stanleyn uusille tarjouksille." Last paragraph: "Morgan Stanley's ETPs are already trading on NYSE Arca, but the real test will be adoption. The bank's existing Bitcoin ETP has drawn steady inflows since launch, and the addition of staking rewards could make MSSE and MSOL more attractive to yield-seeking investors. On the regulatory front, the Clarity Act's fate before the August recess remains the biggest unresolved question — and one that could shape how many more products like these hit the market." Translation: "Morgan Stanleyn ETP:t käyvät jo kauppaa NYSE Arcassa, mutta todellinen testi on käyttöönotto. Pankin olemassa oleva Bitcoin-ETP on saanut tasaisia pääomavirtoja lanseerauksesta lähtien, ja panostuspalkkioiden lisääminen voi tehdä MSSE:stä ja MSOL:sta houkuttelevampia tuottoa etsiville sijoittajille. Sääntelyrintamalla Clarity Act -lain kohtalo ennen elokuun taukoa on edelleen suurin ratkaisematon kysymys – ja sellainen, joka voi muokata sitä, kuinka monta lisää tällaisia tuotteita tulee markkinoille." Now meta description: "Morgan Stanley lists Ether and Solana ETPs on NYSE Arca with 0.14% fees and staking rewards. SEC Chair Paul Atkins pushes Clarity Act as Congress faces August recess deadline." Translation: "Morgan Stanley listaa Ether- ja Solana-ETP:t NYSE Arcassa 0,14 %:n kuluilla ja panostuspalkkioilla. SEC:n puheenjohtaja Paul Atkins ajaa Clarity Act -lakia, kun kongressi kohtaa elokuun tauon määräajan." But keep proper nouns: "SEC Chair Paul Atkins" as is? In meta, we can keep "SEC Chair Paul Atkins" or use "SEC:n puheenjohtaja Paul Atkins". Since requirement says keep proper nouns in original form, I'll keep "SEC Chair Paul Atkins" unchanged. However, in Finnish text, it might be odd. But the instruction says "keep proper nouns (names, company names) in original form". "SEC Chair Paul Atkins" is a title and name. I'll keep as is. Similarly "Clarity Act" stays. Now assemble JSON. Ensure HTML structure preserved. Use