Morgan Stanley unveils 14bp crypto ETFs and eyes $1.33B Dallas office deal
MS•Morgan Stanley has amended filings to launch Bitcoin, Ethereum and Solana spot ETFs with record-low 14 basis point fees, leveraging its 15,000-strong advisor network to capture crypto ETF fee revenue. Additionally, the bank is considering a $1.33 billion office-building acquisition in Dallas to expand its commercial real estate footprint.
1. Record-low-fee crypto ETFs
Morgan Stanley has amended filings for upcoming Bitcoin, Ethereum and Solana spot ETFs, pricing each at an unprecedented 14 basis points to undercut competitors and leverage its 15,000-plus financial advisor sales force. This move marks the bank’s aggressive entry into the crypto ETF market, aiming to retain fee income internally rather than ceding it to external asset managers.
2. $1.33B Dallas office-building expansion
The bank is weighing a $1.33 billion office-building acquisition in Dallas to expand its commercial footprint, reflecting a strategic push into high-growth Texas markets. The deal, if approved, would bolster Morgan Stanley’s balance sheet assets and provide additional capacity for its wealth management operations in the region.
