Morgan Stanley updates Ether and Solana ETF filings, moving them closer to launch

Morgan Stanley has filed amended S-1 registration statements for its planned spot Ether and Solana exchange-traded funds, a step that puts the two products closer to listing.

Cointelegraph reported on July 18 that the bank submitted the updated filings to the U.S. Securities and Exchange Commission on July 14. Morgan Stanley set the management fee for both funds at 0.14%, putting the proposed products among the lower-cost crypto ETF offerings now working through the approval process.

The filings matter because spot digital-asset ETFs cannot begin trading until the S-1 registration is completed and the SEC also signs off on a separate 19b-4 filing tied to the exchange rule change. That second filing is the piece that allows the listing venue to change its rules so the funds can trade.

Ether and Solana have both been active targets for ETF issuers as firms race to bring more crypto exposure into a familiar stock-market wrapper. A spot ETF holds the underlying asset directly, rather than futures contracts, and the structure is designed to give investors exchange-traded access through a traditional brokerage account.

Morgan Stanley’s move comes as the industry pushes toward a broader line-up of digital-asset funds after the success of spot bitcoin products. The firm did not give a launch date in the amended filings, but the latest submission is usually one of the final steps before a fund can be listed once the rest of the paperwork is cleared.

For traders, the key items to watch are the SEC’s next response on the S-1s and the status of the related 19b-4 approvals. If those clear, ETH and SOL would join the growing list of cryptocurrencies being packaged for mainstream market access.