Morgan Stanley debuts ether, solana exchange-traded products after bitcoin fund success
Morgan Stanley has launched new exchange-traded products for Ethereum and Solana, following the success of its earlier Bitcoin trust. These products aim to provide institutional and retail investors with exposure to digital assets while maintaining the firm's strict governance and risk management standards.
The firm announced Tuesday that the Morgan Stanley Ethereum Trust (MSSE) and Morgan Stanley Solana Trust (MSOL) will begin trading on NYSE Arca. The funds track the CoinDesk Ether Benchmark 4PM NY Settlement Rate and CoinDesk Solana Benchmark 4PM NY Settlement Rate, giving investors exposure to the two cryptocurrencies without requiring them to hold the tokens directly.
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