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Morgan Stanley has nearly eliminated fees for its upcoming funds on Ethereum and Solana
The fee for each of the new ETFs will be 0.14% — the lowest rate in the American market for funds on Ethereum and Solana.
For example, the Mini Ethereum Trust by Grayscale has a fee of 0.15%, and Franklin Templeton's SOEZ (an ETF on Solana) has a fee of 0.19%.
Morgan Stanley plans to trade the Ethereum fund shares under the ticker MSSE, and the Solana fund under MSOL. The exact launch dates for the cryptocurrency products are not yet known.