Morgan Stanley has released a comparative analysis for financial advisors regarding crypto staking methods, including ETPs, exchanges, and self-custody. The bank highlights that each approach involves different trade-offs concerning liquidity, validator slashing risks, and the net share of rewards received by investors.
On July 28, 2026, the firm introduced two exchange-traded products: the Morgan Stanley Ethereum Trust (MSSE) and the Morgan Stanley Solana Trust (MSOL). These products allow clients to gain exposure to staking rewards without managing the underlying technical mechanics or private keys directly.
The Ethereum trust is structured to stake between 50% and 80% of its holdings, while the Solana trust may stake up to 100%. Both products are designed to distribute approximately 95% of gross staking rewards to shareholders, after accounting for a 0.14% sponsor fee.
Morgan Stanley confirmed that it does not retain any portion of the staking income generated by these trusts. The bank currently manages over $14 billion in assets across its broader cryptocurrency product suite, with these new trusts aiming to provide additional yield beyond simple price exposure.
