Morgan Stanley has taken another step toward expanding its cryptocurrency investment offerings by submitting amended registration statements for its proposed spot Ethereum and Solana exchange-traded funds (ETFs) to the U.S. Securities and Exchange Commission (SEC).
The updated filings, disclosed on June 19, show the investment bank’s continued efforts to bring regulated crypto products to traditional investors. The move follows Morgan Stanley’s earlier ETF applications filed in 2026, which included products tied to Bitcoin, Ethereum, and Solana.
Updated Filings Add Staking Features
One of the most notable changes in the amended filings is the addition of staking provisions for both Ethereum and Solana. Under the proposed structure, a portion of the ETH and SOL held by the ETFs could be staked to generate extra rewards.
According to the filings:
- Around 95% of staking rewards would remain within the trusts for investors.
- Custodians and staking service providers would receive a small share as compensation.
- Morgan Stanley would continue earning a management fee separate from staking rewards.
This approach could provide investors with additional yield while maintaining exposure to the underlying digital assets.
SEC Review Process Remains Active
Industry experts view the amendments as a normal part of the SEC review process. ETF issuers often update registration documents after receiving feedback from regulators.
Bloomberg ETF analyst James Seyffart noted that revised S-1 filings are common as discussions with the SEC move forward. While the changes do not guarantee approval, they suggest that regulatory reviews are continuing.
Growing Interest in Crypto ETFs
Morgan Stanley’s latest filings highlight increasing institutional interest in cryptocurrencies beyond Bitcoin. Spot Bitcoin and Ethereum ETFs have already gained traction in the U.S. market, encouraging firms to explore products linked to alternative digital assets such as Solana.
If approved, the new ETFs would allow investors to gain exposure to ETH and SOL through traditional brokerage accounts. Market participants will now watch for further amendments, updated fee details, and additional SEC feedback as the approval process continues.
