Morgan Stanley: Ether ETF Nears Launch at 14bps
Morgan Stanley files amendments for Ether and Solana ETFs at 14bps fees, the lowest globally, as ETH trades at $1697.7 on 4h chart.
SourceAnalysis
Morgan Stanley filed amendments for its Ethereum and Solana ETFs, setting fees at 14bps to become the cheapest products in the U.S. and worldwide.
With price testing upper Bollinger resistance at $1826.3 while RSI sits neutral at 41.73, a healthy retracement to the EMA50 support at $1727.01 seems probable before further continuation; the MACD death cross at -9.88 reinforces the bearish trend structure against the EMA200 at $1881.99, shaping near-term ETH price prediction amid broader crypto market dynamics.
Eric Balchunas
@EricBalchunasBloomberg's Senior ETF Analyst and acclaimed author, co-hosting Trillions & ETF IQ while bringing deep institutional investment insights.