Morgan Stanley has completed the rollout of Bitcoin, Ethereum, and Solana trading on E*TRADE, charging eligible clients a 0.50% fee per transaction. As reported by ETRADE, supported customers can now buy, sell and hold the three digital assets directly through its brokerage platform. The service utilizes Zerohash as the underlying crypto infrastructure, which holds assets in linked customer accounts. Following a pilot launched in May, the completed rollout makes the service available to all eligible E*TRADE customers. E*TRADE expects to introduce crypto transfers later this year, allowing clients to move supported assets into and out of their accounts. The rollout complements Morgan Stanley's existing Bitcoin ETF, which has accumulated $384 million in net assets according to SoSoValue data.
Morgan Stanley has updated SEC filings on July 14, 2026 for spot Ethereum and Solana ETFs to list on NYSE Arca as MSSE and MSOL with a low 0.14% management fee, signaling launches are near. As reported by Bloomberg ETF analyst James Seyffart, the recent filing changes suggest both products will soon be launched. The proposed Ethereum ETF will trade on NYSE Arca under the ticker symbol MSSE, while the Solana ETF will list on the same exchange under the ticker symbol MSOL. Morgan Stanley proposes one of the lowest fee structures for cryptocurrency exchange-traded funds to date, with the filings also updating various operational agreements related to custody, administration, and trading functions.
Both upcoming ETFs feature staking capabilities with 50-80% of Ether and 100% of Solana holdings to be staked via Figment, Galaxy Blockchain, and Coinbase Canada with service fees capped at 5% and most rewards passed to investors. The staking service providers and custodians will earn no more than 5%, while Morgan Stanley Investment Management assured that it will not retain the rest of the rewards, so investors will get most of the rewards. Since the start of 2026, ether and SOL have exhibited volatility approximately 35% and 44% higher than bitcoin, respectively. Previously, Morgan Stanley had already entered the spot cryptocurrency ETF market through the Bitcoin ETF, which has hundreds of millions of dollars under management at present.
Later this year, E*TRADE expects to move the crypto offering from Zerohash to Morgan Stanley Digital Trust, the group's planned national trust bank. The brokerage linked that transition to the introduction of transfer services but did not provide a specific launch date. Morgan Stanley applied to the Office of the Comptroller of the Currency earlier this year for a crypto-focused national trust bank charter, placing the firm alongside Coinbase, Crypto.com and Ripple. The OCC has already granted Ripple conditional approval, while Circle has received OCC approval to establish a national trust bank focused on digital assets. Morgan Stanley Wealth Management added another crypto route in June through a referral agreement with Galaxy Digital, under which eligible high-net-worth clients can lend Bitcoin, Ether and Solana to Galaxy and receive shares in spot crypto investment products.
SOL has retested a crucial short-term support at the 50-day Moving Average, which has historically stopped declines in July. According to AMBCrypto analysis, if the trend repeats, relief demand could emerge at the $74 level or the 50-day MA. The technical outlook suggests upside targets of $80, $84, or the mid-range level at $88, representing 8%-18% in upside potential. However, the price reversal projection would be invalidated if bears decisively push SOL below the 50-day MA, potentially leading to another dip below $70. The current pullback follows Bitcoin's decline below $63K on Friday, July 17th, which has weighed on broader crypto markets.
