Morgan Stanley has launched an Ethereum Trust and a Solana Trust on NYSE Arca, extending its listed digital asset lineup beyond Bitcoin and giving investors regulated, exchange-traded exposur
Morgan Stanley has launched an Ethereum Trust and a Solana Trust on NYSE Arca, extending its listed digital asset lineup beyond Bitcoin and giving investors regulated, exchange-traded exposure to two of the largest smart-contract networks.
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The firm rolled out the two separate trusts through Morgan Stanley Investment Management, which describes the products as new Ethereum and Solana exchange-traded products in its official announcement. For related coverage, see Binance Futures Launches BITO, TMF and TBT Perpetual Contracts.
The two vehicles are distinct: one is designed to track Ethereum (ETH) and the other to track Solana (SOL), so investors choose exposure to a single network rather than a blended basket. Registration details for the products appear in the prospectus filed with the SEC. For related coverage, see AllUnity launches Swedish krona stablecoin SEKAU under MiCA.
Structured as listed trusts, the funds are aimed at investors who want ETH or SOL exposure inside a traditional brokerage account rather than by holding tokens directly. The move builds on Morgan Stanley's wider push into crypto, which recently included its E*Trade rollout of Bitcoin, Ether, and Solana trading. For related coverage, see Binance Futures Launches U.S. Treasury Bond-Linked Perpetual Contracts.
NYSE Arca is a primary U.S. exchange for exchange-traded funds and listed trusts, and its corporate actions record is where such listings are formalized. A listing on that venue means the trusts trade through standard brokerage infrastructure during market hours.
A listed trust differs from direct ownership: investors buy shares of a fund that holds the underlying asset instead of managing wallets, private keys, or self-custody. That structure hands custody and operational responsibility to the product issuer, which can lower the barrier for institutional and brokerage-based investors constrained from holding tokens directly.
The dual launch signals Morgan Stanley is broadening its digital asset strategy beyond Bitcoin, treating Ethereum and Solana as separate demand signals worth their own dedicated products. The step follows the earlier success of its Bitcoin fund, which logged $194 million in first-month inflows.
Adding ETH and SOL trusts places Morgan Stanley in more direct competition with other asset managers issuing listed crypto vehicles, according to reporting on the debut by CoinDesk. The parallel filing for the second trust is documented in a separate SEC prospectus.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.
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