Morgan Stanley Just Launched New Ethereum and Solana ETFs. Here's What It Could Mean for Crypto Investors.
The investment bank has quickly ramped up its crypto ETF offerings.
Overview
Morgan Stanley (NYSE: MS), one of the largest investment banks, made waves when it launched the Morgan Stanley Bitcoin Trust in April. It was the firm's first crypto ETF and offered a 0.14% expense ratio, lower than the competition. Most Bitcoin ETFs charge 0.20% to 0.25% per year.
On July 28, Morgan Stanley announced two new ETFs for Ethereum and Solana (CRYPTO: SOL), both with the same 0.14% expense ratio. Here's whether these single-crypto ETFs are worth buying and what this news means for crypto investors.
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Originally published at www.fool.com.
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