Morgan Stanley Files for Ethereum ETF Following Bitcoin and Solana Filings
- Morgan Stanley has filed an S-1 registration statement with the SEC for an Ethereum ETF.
- This filing follows recent applications for Bitcoin and Solana ETFs.
- The Morgan Stanley Ethereum Trust aims to track the price of ETH and will engage in staking to generate yield for investors.
- The firm plans to offer in-kind creation and redemptions for its ETH Trust, although specific exchange details are not provided.
- Morgan Stanley manages nearly $9 trillion in assets and has filed five ETFs under its own brand, including BTC, ETH, and SOL.
Morgan Stanley’s move to file for an Ethereum ETF reflects growing client demand for cryptocurrency exposure as it prepares to roll out crypto trading through its E-trade division.
With this filing, Morgan Stanley continues its expansion into crypto assets, now having filed for a total of five ETFs aimed at retail and wealth clients alike.
