Morgan Stanley Investment Management has introduced exchange-traded products tracking Ether and Solana, extending its cryptocurrency fund range beyond Bitcoin. The Morgan Stanley Ethereum Trust and Morgan Stanley Solana Trust began trading on NYSE Arca under the tickers MSSE and MSOL.

Both products aim to replicate the performance of Ether and Solana by reference to the CoinDesk Ether Benchmark and CoinDesk Solana Benchmark 4PM New York settlement rates. Each carries an expense ratio of 0.14 percent. The funds plan to stake a portion of their holdings and distribute any resulting rewards fully to investors, with the firm retaining none of the proceeds.

The launch follows the firm’s introduction of spot cryptocurrency trading on its E*TRADE platform earlier this month. Eligible clients can buy, sell and hold Bitcoin, Ether and Solana through that service. In April Morgan Stanley established the Morgan Stanley Bitcoin Trust, becoming the first major US commercial bank to offer a spot Bitcoin exchange-traded fund. That product held more than $381 million in assets under management as of mid-July.