Code & Chain · Signal Desk

Morgan Stanley files for Ethereum and Solana spot ETFs, Coinbase to provide custody and staking

Original sourceSpendnode

Summary

Morgan Stanley updated its S-1 filings for ETH and SOL spot ETFs, designating Coinbase as custodian and to assist with staking activities. This signals traditional asset managers expanding crypto ETF offerings from Bitcoin to other major blockchains. The filing update does not indicate approval, wh…

Key points

  • Provides investors and product designers insight into how traditional financial institutions structure crypto ETFs and handle staking yields
  • Morgan Stanley's filing reflects growing acceptance of Ethereum and Solana in traditional finance, potentially driving more institutional inflows
  • If approved, ETFs would offer investors easier access to ETH and SOL, but they must be mindful of staking-related risks and fee structures

Editorial note

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