Morgan Stanley has up to date its proposed Ethereum and Solana exchange-traded funds with a staking construction that may enable 95% of staking rewards to stay inside the trusts whereas charging a 0.14% annual sponsor price.
In response to amended S-1 registration statements filed by Morgan Stanley, each the Morgan Stanley Ethereum Belief and Morgan Stanley Solana Belief would stake parts of their underlying crypto holdings to generate extra revenue for buyers.
NEW: @MorganStanley simply filed amendments for each their Ethereum and Solana ETFS. ethereum:native solana:So11111111111111111111111111111111111111112 pic.twitter.com/SxPiszp9RS
— James Seyffart (@JSeyff) June 18, 2026
The filings disclosed that staking service suppliers and custodians would obtain 5% of staking rewards as compensation, whereas the remaining 95% would keep within the funds.
Beneath the proposed construction, Morgan Stanley said that the sponsor wouldn’t obtain any staking rewards past the administration price. The filings point out that staking revenue would accrue to the trusts moderately than being redirected to the fund sponsor.
The amendments symbolize one other step in Morgan Stanley’s efforts to broaden its digital asset product lineup after getting into the spot Bitcoin ETF market earlier this yr.
Ethereum submitting outlines validator limits and staking delays
Particulars included within the Ethereum submitting present a more in-depth take a look at how the staking course of would function. In response to Morgan Stanley, custodians would deposit $ETH held by the belief into Ethereum staking sensible contracts, whereas third-party staking service suppliers would function validators on behalf of the fund.
The submitting famous that staked Ether stays uncovered to slashing penalties if validators fail to satisfy community necessities or violate protocol guidelines. In such circumstances, a portion of staked $ETH could possibly be faraway from a validator’s steadiness.
Morgan Stanley additionally disclosed community capability information tied to Ethereum staking. In response to the submitting, roughly 3.64 million $ETH had been ready within the validator activation queue as of Might 18, 2026.
The doc said that Ethereum at the moment limits validator activations to 56 validators per epoch, which interprets to roughly 57,600 $ETH getting into staking every day. Primarily based on these figures, Morgan Stanley estimated that newly staked $ETH might face a ready interval of round 63 days earlier than turning into eligible to earn staking rewards.
Whereas the submitting centered on operational particulars, the disclosures come as asset managers proceed working with U.S. regulators on ETF buildings that incorporate staking alongside direct crypto publicity.
Solana belief follows comparable reward-sharing mannequin
A separate modification for the Morgan Stanley Solana Belief described an identical staking association for $SOL holdings. In response to the submitting, validators operated by staking service suppliers could act as delegated validators for the belief’s staked property.
Morgan Stanley said that custodians concerned within the staking course of wouldn’t management the non-public keys related to delegated $SOL. Not like the Ethereum submitting, nevertheless, the Solana modification didn’t specify a day by day restrict on how a lot $SOL might enter staking.
The filings arrive as Morgan Stanley continues including crypto-related companies throughout its wealth administration division. As beforehand reported by crypto.information, Morgan Stanley Wealth Administration just lately partnered with Galaxy Digital to permit eligible high-net-worth shoppers to transform digital asset holdings into spot crypto funding merchandise via a referral association.
In response to the businesses, shoppers can lend property together with Bitcoin, Ether, and Solana to Galaxy Digital and obtain shares in regulated crypto funding merchandise, together with the just lately launched Morgan Stanley Bitcoin Belief.
The companies mentioned the method can scale back crypto-to-ETP onboarding occasions by as a lot as 75% whereas permitting buyers to keep up market publicity with out first promoting their digital property.
Taken collectively, the ETF amendments and the Galaxy Digital association add new crypto funding channels for Morgan Stanley shoppers because the financial institution continues constructing merchandise tied to Bitcoin, Ethereum, and Solana via regulated funding buildings.
