Morgan Stanley’s proposed 0.14% ETH and SOL fees could turn the next crypto ETF race into a price fight
- Morgan Stanley filed for ETH and SOL ETFs with a 0.14% fee, the lowest in the game. It’s a classic meat wallet bait: undercut BlackRock’s 0.25% and Grayscale’s 0.15% to steal advisor shelf space. They’re staking up to 100% of SOL holdings, promising yields that might actually justify the risk if the SEC doesn’t stall them into oblivion. The data shows ETH and SOL flows are erratic, but MS is betting that cheap access wins when institutions finally look beyond Bitcoin. It’s not just a product; it’s a hash manifest for institutional adoption. If the SEC approves, this fee structure forces competitors to cut prices or lose relevance. Aggressive passive income, indeed. Now, let’s see if the regulators can keep up with the market.