Morgan Stanley updates its Solana ETF application; the proposed ticker symbol is "MSOL".

CoinFeed reported on May 20th that, according to James Seyffart, Morgan Stanley has submitted a revised application to the U.S. Securities and Exchange Commission (SEC) for a Solana ETF, named "Morgan Stanley Solana Trust," to be listed on the NYSE Arca under the ticker symbol "MSOL." The document shows that the ETF will directly hold SOL and plans to generate on-chain rewards by staking a portion of SOL to track SOL prices and staking returns. The management fee rate has not yet been disclosed in the document.