Morgan Stanley strikes quickly! Following Bitcoin and Solana, officially applies for Ethereum spot ETF

Morgan Stanley, a century-old Wall Street investment bank, is sweeping the market with a “lightning war” approach in the cryptocurrency sector. Following their application on Tuesday to launch Bitcoin (BTC) and Solana (SOL) spot ETFs, they submitted another filing to the U.S. Securities and Exchange Commission (SEC) within 24 hours, seeking to launch an Ethereum (ETH) spot ETF.
This series of rapid moves not only took the market by surprise but also marked a full transition of this asset management giant, with assets totaling trillions of dollars, from a “wait-and-see” observer to an active “participant.”
According to the S-1 registration statement disclosed on the SEC website, Morgan Stanley plans to launch the “Morgan Stanley Ethereum Trust.” In addition to directly holding and tracking the price of Ethereum, it will also allocate part of its assets to staking to generate additional income.
It is noteworthy that the staking yields from this Ethereum spot ETF will not be directly distributed to investors but will be reflected in the fund’s net asset value (NAV). This design differs from some competitors, such as Grayscale’s Ethereum ETF, which has already begun to distribute staking rewards directly to investors.

SOL3,07%
ETH-0,5%
BTC0,55%
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