Morgan Stanley Sets 0.14% Fee on Spot Solana ETF, Lowest in U.S. Crypto Funds
The fee update mirrors the identical 0.14 % charge Morgan Stanley applied to its Spot Bitcoin ETF. Bloomberg analyst James Seyffart said the amendment is a routine indication of regulatory engagement with the Securities and Exchange Commission (SEC) and often precedes a near‑term debut. Analyst Eric Balchunas added that the 14‑basis‑point fee for both the Spot ETH and Spot SOL ETFs will make them the cheapest in the U.S. and globally.
Morgan Stanley first filed for the Solana ETF in January 2026. As one of the four major Wall Street brokerage houses, the firm’s vast network of financial advisors positions it to help clients add crypto exposure to their portfolios. Its entry into the crypto‑ETF market follows the launch of its Spot Bitcoin ETF, which, at the time of writing, held $283 million in net assets—significantly less than BlackRock’s $48 billion and Fidelity’s $11 billion.
The Solana filing names Figment, Galaxy, and Coinbase Canada as staking providers, indicating that the ETF will offer a built‑in staking feature. Including staking is part of a broader trend among new crypto ETFs to provide investors with yield‑generating options.
Despite the fee announcement, Solana’s price has slipped amid a broader market sell‑off. At the time of the filing, the token was trading at $68.30, down 10 % from its peak of $76 earlier in the week. The $68 level is a February low that has acted as short‑term support and resistance. If Solana falls below this level, short sellers could push the price toward $60, the next key support. Conversely, if the price holds above $68, the yearly low of $76 could become the next hurdle for a recovery.
Smart‑money investors have trimmed their Solana positions, closing 35 % of their holdings during the recent pullback. However, U.S. Spot Solana ETFs have recorded four consecutive days of net inflows, suggesting that institutional investors are buying on the dip.
The fee war in the crypto‑ETF space has intensified with Morgan Stanley’s entry. While the 0.14 % fee is the lowest in the U.S. for both spot Ethereum and Solana ETFs, it remains to be seen whether the low fee will translate into significant demand, as the firm’s Bitcoin ETF did not immediately attract large inflows.
In summary, Morgan Stanley’s amended filing for a Spot Solana ETF sets a 0.14 % sponsor fee, the lowest in the U.S. crypto‑ETF market. The firm’s move follows its earlier Bitcoin‑ETF launch and reflects a broader strategy to offer low‑cost, staking‑enabled crypto products to its institutional and retail clients. Solana’s price is currently below its recent peak, with key support at $68 and $60, while the market watches for the ETF’s regulatory approval and potential launch.