Briefly
- Morgan Stanley filed for an Ethereum Belief on Tuesday, on the heels of this week's filings for Bitcoin and Solana trusts.
- The Ethereum Belief will implement a staking program to earn community rewards whereas managing liquidity for redemptions.
- The financial institution's submitting comes after Morgan Stanley opened crypto entry to all shoppers in October 2025.
Morgan Stanley has filed with the U.S. Securities and Change Fee to launch an Ethereum Belief, on the heels of its registrations for spot Bitcoin and Solana exchange-traded merchandise, increasing its crypto footprint in early 2026.
The Wall Avenue large filed a registration assertion with the U.S. Securities and Change Fee on Tuesday for the Morgan Stanley Ethereum Belief, an exchange-traded fund designed to trace the worth of ETH and distribute staking rewards to traders.
The filings come as regulators beneath U.S. President Donald Trump have adopted a extra accommodating strategy to crypto markets, opening the door for conventional monetary companies to develop ETF choices tied to digital belongings.
The Ethereum Belief could be a passive funding automobile sponsored by Morgan Stanley Funding Administration, holding ether instantly and valuing shares every day primarily based on a pricing benchmark derived from main buying and selling venues, in line with the Kind S-1.
The submitting states that the belief intends to stake a portion of its ETH holdings and distribute rewards to shareholders at the least quarterly, topic to IRS steering.
ETH was buying and selling at about $3,211 on the time of writing, down roughly 0.7% on the day, in line with CoinGecko information.
Crypto Enlargement
The newest transfer builds on a gentle growth of the financial institution’s crypto technique.
Morgan Stanley broadened entry to crypto funds to all shoppers in October, together with these with retirement accounts, after beforehand limiting publicity to high-net-worth people.
Final September, the agency additionally confirmed it had partnered with Zerohash to allow Bitcoin, Ethereum, and Solana buying and selling by means of its E*Commerce platform.
Early final yr, the financial institution's CEO and Chairman, Ted Choose, mentioned that the financial institution’s strategy hinges on regulatory consolation.
“For us, the equation is absolutely round whether or not we, as a extremely regulated monetary establishment, can act as transactors,” he mentioned in a January interview.
