Morgan Stanley has updated its filings for its Ether and Solana ETFs, proposing fees of 0.14%, aiming to be the lowest in the US market. This move follows their competitive fee strategy for their Bitcoin ETF.
Morgan Stanley filed amended registration statements for proposed Ethereum and Solana ETF trusts, setting a 0.14% annual delegated sponsor fee, the lowest for such products globally. The move aims to position these crypto assets as portfolio building blocks for institutional investors.
US-based ETFs tracking HYPE saw a 50% trading volume increase on Wednesday, a rare phenomenon for new funds. Analysts attribute this growth to HYPE's outperformance against other assets and its strategic launch timing.
