Morgan Stanley lowers fees for Ether and Solana ETFs to 0.14%

Morgan Stanley filed amended Form S-1 statements with the Securities and Exchange Commission for its Ether and Solana exchange-traded funds, showing plans to charge fees of 0.14% for each product. The filings indicate the bank intends to undercut current market offerings with those rates.

Farside Investors shows the current lowest-fee spot Ether ETF in the US is the Grayscale Ethereum Staking Mini ETF (ETH) at 0.15%, while Franklin Templeton’s Franklin Solana ETF (SOEZ) charges 0.19%. This is the second update to Morgan Stanley’s ETF filings since the firms first applied in January; amendments are often seen as a sign the SEC may be close to approving the products, which would make them the 11th spot Ether ETF and the seventh spot Solana ETF to launch in the US.

Bloomberg ETF analyst Eric Balchunas posted to X that the fees make them “the cheapest in [the] US and [the] world.” Low fees have been a deliberate tactic as Morgan Stanley enters a market led by issuers such as BlackRock and Fidelity.

United States

morgan stanley, ether etf, solana etf, 0.14% fee, form s-1, sec, grayscale etf, franklin soez, spot etfs, blackrock