Morgan Stanley updates its Solana ETF application, with the proposed code named “MSOL”.

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ME News, May 20 (UTC+8), according to James Seyffart, Morgan Stanley has submitted a revised Solana ETF application to the U.S. SEC. The product is named "Morgan Stanley Solana Trust" and is proposed to list on NYSE Arca with the trading ticker "MSOL". The document states that the ETF will directly hold SOL and plans to earn on-chain yield by staking a portion of SOL, aiming to track SOL's price and staking returns. The management fee has not yet been disclosed in the filing. (Source: PANews)
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