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Morgan Stanley Sets 0.14% Fee on Amended Ethereum and Solana ETF Filings

GateNews
Stocks
ETH0.17%
SOL2.55%
MSOL3.53%

According to Bitcoin.com News, Morgan Stanley amended its ethereum and solana spot ETF filings on June 18, setting a 0.14% sponsor fee for each fund. The filings mark the second amendments since January for both products, with tickers MSSE and MSOL expected. The fee would undercut Grayscale's Mini Ethereum Trust at 0.15% and Franklin Templeton's Solana ETF at 0.19%.

Figment Inc., Galaxy Blockchain Infrastructure LLC, and Coinbase Canada Inc. were named as staking service providers. Morgan Stanley plans to stake portions of ethereum and solana held by the funds, with 5% of staking rewards allocated to service providers and custodians.

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