Morgan Stanley amends Ethereum, Solana ETFs to reveal record cheap fees
ETF analyst Eric Balchunas says Morgan Stanley’s plan to charge 0.14% fees on two upcoming crypto ETFs makes them “the cheapest in [the] US and world.”
Morgan Stanley has updated its filings for its Ether and Solana exchange-traded funds, revealing that it plans to charge the lowest fees among its rivals.
The company filed amended Form S-1 statements with the Securities and Exchange Commission for each ETF on Thursday, showing it plans to undercut the current market offerings and charge fees of 0.14% for each of its products.
The current lowest-fee spot Ether (ETH) ETF in the US is the Grayscale Ethereum Staking Mini ETF (ETH) at 0.15%, while Franklin Templeton’s spot Solana (SOL) ETF, the Franklin Solana ETF (SOEZ), charges the lowest fee among its competitors at 0.19%, according to Farside Investors.
Source: Cointelegraph →Related News
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