Morgan Stanley Nears Launch of Solana Trust After S-1 Filing
Morgan Stanley filed an S-1 registration statement for a Solana Trust, marking a formal push into products tied to SOL. The filing notes plans tied to nine active and seven pending Solana-based ETFs, positioning the bank to expand its suite of spot and fund-wrapped exposure to the Solana ecosystem.
The development matters because an institutional-grade trust and accompanying ETFs could channel new capital into SOL and make Solana access simpler for traditional investors. The S-1 advances the offering through the regulatory process, but approvals and final product launches remain subject to review. Market observers will watch for SEC feedback and subsequent filings that clarify timing, custodian arrangements and fee structures.