Morgan Stanley Adds Ethereum Trust To Planned Crypto ETF Lineup
Morgan Stanley has filed with the U.S. Securities and Exchange Commission to launch the Morgan Stanley Ethereum Trust, an exchange-traded fund (ETF) that will track the price of ether (ETH) and distribute staking rewards to investors. This filing follows the bank’s recent registrations for spot Bitcoin and Solana exchange-traded products, signaling an expanding crypto strategy. The planned trust will be a passive investment vehicle, holding ether directly and valuing shares based on major trading benchmarks. It will stake a portion of its ETH holdings, distributing rewards to shareholders quarterly, based on regulatory guidance. This move reflects a broader shift as regulators become more open to crypto markets, allowing traditional firms to offer more digital asset ETFs. Morgan Stanley previously broadened crypto fund access to all clients and partnered with Zerohash to facilitate crypto trading through its E*Trade platform. The bank’s leadership has emphasized that its crypto involvement depends on regulatory clarity and comfort.
