Amended SEC filings move the proposed spot Ether and Solana funds further through the listing process, with both products still awaiting final registration effectiveness and exchange approval.
Morgan Stanley filed amended registration statements with the SEC on July 14 for its proposed spot Ether and Solana exchange-traded funds, another step toward launch for products that would carry a 0.14% annual management fee. The funds remain in the final stages of the listing process, but trading cannot begin until the S-1 registrations become effective and the SEC also approves a 19b-4 filing covering the relevant exchange rule change. The two proposed products, the Morgan Stanley Solana Trust ETF and the Morgan Stanley Ethereum Trust ETF, are expected to list on NYSE Arca. Earlier filings outlined a staking structure under which the Solana fund could stake up to 100% of its holdings and the Ether fund 50% to 80%, with Bank of New York Mellon and Coinbase Custody listed as dual custodians and Figment, Coinbase Canada and Galaxy Digital's blockchain infrastructure arm involved in staking operations. At 0.14%, both funds would be priced below Grayscale's Mini Ethereum Trust at 0.15% and Franklin Templeton's SOEZ Solana fund at 0.19%. Morgan Stanley's Bitcoin Trust, launched in April 2026, has attracted more than $380 million in net inflows since launch, offering a benchmark for demand as the firm expands its digital-asset ETF lineup.