“Digital assets are becoming an increasingly important component of diversified investment portfolios,” Amy Oldenburg, head of digital asset strategy at Morgan Stanley, said in a press release. “As client interest in digital assets continues to grow, we’re focused on providing a range of digital asset solutions that allow investors to diversify their portfolios across traditional and decentralized asset classes while also adhering to Morgan Stanley’s standards for governance, infrastructure and risk management.”
Both products charge a 0.14% expense ratio — the lowest on the market — and plan to stake a portion of their ether or SOL holdings, with any staking rewards passed through to investors rather than kept by Morgan Stanley.
The products build on the Morgan Stanley Bitcoin Trust (MSBT), which debuted earlier this year and had gathered more than $381 million in assets under management through July 16. The bitcoin fund tracks…