firycrypto

🚨 BREAKING Morgan Stanley has moved closer to launching its spot Ethereum and Solana exchange-traded funds (ETFs) by submitting amended S-1 registration statements to the SEC. A standout feature of these filings is the proposal of a 0.14% annual unitary management fee, a highly competitive rate intended to undercut current market leaders for similar products.   The proposed funds, expected to trade under the tickers MSSE ($ETH ) and MSOL ($SOL ), also include plans to incorporate staking. Under this model, the firm intends to stake a portion of the underlying assets to generate yield, with 95% of rewards returned to shareholders and 5% allocated to service providers like Figment, Galaxy, and Coinbase Canada. These amendments signal active dialogue with regulators, positioning Morgan Stanley to aggressively expand its digital asset offerings following the success of its earlier spot Bitcoin ETF launch.   #MorganStanleyETHSOLETFFilings0.14%Fee #TrumpSaysCollapseRiskDroveUSIranDeal