Morgan Stanley has filed for low-fee Solana and Ethereum ETFs to be listed on NYSE Arca, featuring direct staking rewards for investors. This follows the launch of a tokenized investment fund on the Solana network by Japan's SBI Group. By July 24, Morgan Stanley received approval to list and trade these ETFs, submitting the final necessary filings with the US SEC to facilitate the official launch.
The investment giant submitted 8-A filings to the SEC, signaling the final stages before its crypto-based ETFs begin trading on NYSE Arca.
Read the full storyThe investment bank seeks to list ETFs on NYSE Arca featuring low fees and direct staking rewards for crypto investors.
Major institutional moves bolster Solana adoption as Morgan Stanley seeks a low-fee ETF and Japan's SBI Group expands into tokenized assets.