2026-01-06 12:31:00

Morgan Stanley has officially submitted a registration application for the Solana Trust to regulatory authorities. This trust was officially established on December 16, 2025, and operates as a Delaware statutory trust. In simple terms, it provides a new option for investors who want to indirectly access Solana but are too lazy to do it themselves — no need to hold SOL directly, no need to trade on exchanges, and no worries about the hassles of self-custody.

This trust is issued in the form of an ETF, and its operating model is quite straightforward: passively tracking the actual price performance of SOL, simply replicating a market quote (of course, deducting fees and various liabilities). Interestingly, it will also allocate a portion of SOL for staking to earn on-chain rewards. In other words, this is a relatively hassle-free way for investors to benefit from the development of the Solana ecosystem.

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DecentralizeMe

· 01-09 11:11

Solana is about to be tamed by Wall Street again, but then again, lazy players probably do need this kind of thing. Morgan Stanley is here, and the flavor of big institutions taking over is becoming more and more obvious. Staking yields sound pretty good, but those fees need to be looked into; don’t let the final returns be eaten up. It’s really just Solana’s Wall Street version—convenient, but somehow it feels like something’s missing. Having institutional backing definitely makes people feel more secure, no need to manage private keys themselves.

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JustAnotherWallet

· 01-08 00:39

Morgan Stanley played this move well. The good news for lazy people is that staking can still earn rewards, but I wonder if the fees might be a trap.

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FadCatcher

· 01-07 23:35

Morgan Stanley's move is essentially packaging SOL into a financial product, a boon for lazy investors who no longer need to bother with wallets. Traditional finance's entry indeed lends credibility to the industry, but I'm worried that the fees might eat into staking rewards. A bit concerned about that. Now, institutional investors will find it even easier to enter the market. Whether SOL can absorb this wave of capital really depends on the ecosystem. Wait, why do we have to wait until December 16th? Why can't it go live now? Is there some hidden reason? Staking rewards sound good, but I'm just afraid there might be some tricks later on. Traditional finance has too many套路.

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HodlTheDoor

· 01-06 18:23

Morgan Stanley's move is essentially paving the way for institutional investors. Now even trusts are coming out. Wait, is the pledge yield directly given to investors or eaten up? That's the key. With both fees and liabilities, how much will actually be left in the end? SOL is about to take off, Wall Street is all rushing to buy the dip. Honestly, this is much easier than messing around on exchanges myself, just worried about getting cut again by a wave of fees.

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BearMarketBuyer

· 01-06 13:00

Morgan Stanley's move is really just harvesting retail investors' fees, and a large portion of the staking rewards are also being taken away.

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NotFinancialAdvice

· 01-06 13:00

Morgan Stanley really should have pushed this earlier; a lazy solution is something that should be done. But the key is how much the cost will be—don't let it be the same old price to fleece the users again.

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fren.eth

· 01-06 12:51

Morgan Stanley's move is really helping lazy people—just lie back and earn without even thinking. Damn, they're charging fees again. These Wall Street folks will never let us go. Can staking SOL also earn rewards? Sounds pretty good. Much better than dealing with security issues myself. Really? Trust Morgan Stanley to manage my coins? I'm still not that trusting. Traditional finance is entering the scene, which means SOL is really about to take off. Another Delaware trust. Does this trick still work in the crypto world? Isn't this just financial institutions disguising as a way to siphon money? How much are they taking in fees? The SOL ecosystem is so attractive now? Let me take another look.

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SnapshotLaborer

· 01-06 12:49

Morgan Stanley's recent move will indeed attract many institutions, and the lazy person's solution is truly appealing. With both staking and ETFs, how much of the returns are eaten up by fees... It really turns holding tokens into holding securities, losing that on-chain feel. By the way, can staking yields cover those fees? Has anyone calculated it? Solana is now officially recognized, and this ecosystem is really stable. It's a foolproof operation, but I always feel something's off. It's like paying someone else to custody your assets, and you still have to pay fees—why not just stake directly? Once this is out, SOL will probably surge again.

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StableGenius

· 01-06 12:47

tbh, the fees are gonna absolutely murder whatever staking yield you'd actually get. morgan stanley gatekeeping solana for the risk-averse crowd is... exactly as predicted, empirically speaking.

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NotFinancialAdviser

· 01-06 12:40

JPMorgan has already entered the game, so SOL should take off now... No, it's Morgan Stanley... Never mind, Wall Street has never been idle. With the ETF launched, really anyone can jump on board. The common people finally don't have to bother themselves; the custody risk is gone, but I'm worried about fees eating into the profits. The staking yield part is quite interesting, essentially earning passively, but the premise is that SOL itself needs to increase in value... If this thing really gets widespread, will institutional funds start pouring in? Feels like a signal.

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