Morgan Stanley has taken another major step toward launching its Ethereum (ETH) and Solana (SOL) exchange-traded funds, unveiling what could become some of the lowest management fees in the global crypto ETF market.
According to updated filings submitted to the US Securities and Exchange Commission (SEC), the investment giant plans to charge an annual fee of just 0.14% for both products.
Lowest Fees in the Market
If approved, the proposed fees would undercut many existing crypto ETFs. The current lowest-fee US spot Ethereum ETF charges 0.15%, while the lowest-fee Solana ETF currently carries a 0.19% expense ratio. Morgan Stanley’s pricing strategy positions its products as some of the most cost-effective crypto investment vehicles available.
Bloomberg ETF analyst Eric Balchunas described the fees as potentially “the cheapest in the US and the world.”
Staking Rewards Included
The updated filings also reveal that the funds intend to participate in staking, allowing investors to benefit from additional blockchain rewards.
Morgan Stanley has partnered with Figment, Galaxy Blockchain Infrastructure, and Coinbase Canada to provide staking services. A small portion of staking rewards will be allocated to service providers, while the remainder will stay within the funds.
Approval May Be Getting Closer
This marks the second amendment to Morgan Stanley’s ETF filings since the products were first proposed earlier this year. Market participants often view such amendments as a sign that discussions with regulators are progressing and that approval could be approaching.
If launched, the new products would expand Morgan Stanley’s growing crypto ETF lineup and intensify competition with major asset managers such as BlackRock and Fidelity.
Why It Matters
The race for crypto ETF investors is increasingly shifting beyond Bitcoin.
Lower fees, staking rewards, and institutional credibility are becoming key differentiators as Wall Street firms compete to attract investors seeking exposure to Ethereum and Solana through regulated investment products.
Morgan Stanley’s aggressive pricing strategy could reshape the competitive landscape and accelerate the next phase of institutional crypto adoption.
