Morgan Stanley updates Ethereum and Solana ETF filings with $MSSE and $MSOL tickers

Morgan Stanley updated S-1 filings on July 14 for its proposed spot Ether and Solana exchange-traded funds, retaining the $MSSE and $MSOL tickers, a 0.14% annual sponsor fee for both products, and a structure centered on staking. The revised paperwork names Coinbase for custody and staking services tied to the Morgan Stanley Ethereum Trust and Morgan Stanley Solana Trust, while BNY Mellon remains designated as a joint custodian in the existing filings. The Ether trust would typically stake 50% to 80% of its ETH, while the Solana trust could stake up to 100% of its SOL while keeping some assets liquid for redemptions and expenses. Staking providers and custodians would receive 5% of rewards, with 95% accruing to the trusts. Earlier filing rounds named Figment Inc., Galaxy Blockchain Infrastructure LLC and Coinbase Canada Inc. as staking service providers. The amendments extend Morgan Stanley’s preparations for the proposed funds, but they do not amount to regulatory approval or confirm a launch date. The latest revisions, following original filings in January and amendments on June 18, suggest continued engagement with the SEC as the applications remain under review.