Morgan Stanley plans to set the fee rate for its Ethereum and Solana ETFs at 0.14%

According to Bitcoin.com, Morgan Stanley submitted a revised S-1 registration statement for its proposed Ethereum and Solana ETFs on June 18, with both funds charging a management fee of 0.14%. If launched at this rate, it would be lower than the current market's lowest rate—Grayscale Ethereum Trust's 0.15% and Franklin Templeton Solana ETF's 0.19%. Morgan Stanley's Ethereum ETF trading code is MSSE, and its Solana ETF trading code is MSOL.

The document also revealed that both funds will partially stake assets through Figment, Galaxy, and Coinbase Canada, with 5% of the staking rewards paid to service providers and custodians. Morgan Stanley's previously launched Bitcoin Trust (MSBT) also launched at a rate of 0.14% and has attracted a cumulative net inflow of $307 million as of June 18.