Morgan Stanley has submitted an amended S-1 registration statement to the U.S. Securities and Exchange Commission for its spot Solana ETF, the Morgan Stanley Solana Trust. The filing shows the proposed product would trade under the ticker MSOL and may stake a portion of its SOL holdings to generate additional yield.
Amended filing adds ticker and staking details
The update was confirmed by Bloomberg ETF analyst James Seyffart. According to the source material, Morgan Stanley first filed for the product on January 6, making this the latest substantive revision in the process. Two details stand out in the amended filing: the ticker has been identified as MSOL, and the fund structure includes support for staking.
That staking component sets the proposal apart from spot ETFs that only passively hold the underlying asset. Under the disclosed plan, part of the fund’s SOL could be staked on-chain to earn validator-related rewards. The filing also indicates that the management fee has not yet been disclosed, leaving pricing to a later update.
Wall Street keeps expanding its crypto ETF push
The source says Morgan Stanley filed for both Bitcoin and Solana spot ETFs earlier this year, and describes it as the first major Wall Street bank to directly move into issuing spot crypto ETFs. Its Bitcoin ETF application has moved through more rounds of updates, while the Solana filing is now showing fresh movement as well.
The product still requires final SEC approval. At this stage, the confirmed facts are limited to the filing itself and the fund design: MSOL as the proposed ticker, partial SOL staking as part of the strategy, no published fee yet, and no final regulatory decision so far.