Morgan Stanley Ethereum Trust (MSSE) is a spot Ethereum exchange-traded fund from Morgan Stanley, trading on US markets under the ticker MSSE. Each share currently trades at $30.17. Across its all-time range, MSSE has moved between $29.23 and $30.17.
As a spot ETF, MSSE's share price closely follows the market value of the Ethereum the fund holds, minus its annual management fee. The chart above shows MSSE price history at 5-minute resolution, so you can see intraday moves alongside longer-term performance (7-day, 30-day). Each share represents a fractional claim on the fund's Ethereum holdings, and authorised participants create or redeem shares to keep the market price aligned with the fund's net asset value (NAV).
Buying MSSE is different from buying Ethereum on a crypto exchange. With the ETF you never hold the underlying coins yourself — the fund's custodian does — so there are no wallets, seed phrases or withdrawal risks to manage. In exchange, you pay the fund's management fee and can only trade during US market hours. Holding Ethereum directly gives you 24/7 trading and full self-custody, but shifts all the security and storage responsibility onto you. Many investors choose MSSE specifically because it fits inside a normal brokerage or tax-advantaged account.
MSSE is a spot ETF, meaning it holds Ethereum directly rather than tracking Ethereum futures contracts. A futures-based ETF gets its exposure from derivative contracts that must be rolled over as they expire, which can create tracking error and extra costs over time. Because MSSE holds the underlying Ethereum, its share price tends to follow the spot market more closely, without the roll costs that can weigh on futures-based products.
MSSE trades on a US stock exchange during regular market hours, while Ethereum itself trades around the clock. When Ethereum moves significantly overnight or over a weekend, MSSE can open at a noticeably different price than it closed at — a "gap." This is normal for any crypto ETF and is one reason the 5-minute chart and the all-time range above are useful for understanding how MSSE actually behaves day to day.
MSSE can be bought through any brokerage that offers US-listed ETFs — you search for the ticker MSSE, place an order, and the shares settle like any stock. To follow performance afterwards, add MSSE to a free portfolio on CryptoETF.today: record your buys and sells, and the portfolio automatically tracks your average cost, current value and realised/unrealised profit.
MSSE is one of several US-listed spot Ethereum ETFs. Compare it with the other funds tracking Ethereum:
| Ticker | Fund | Price |
|---|---|---|
| MSSE | Morgan Stanley Ethereum Trust | $30.17 |
| iShares Ethereum Trust | $20.95 | |
| iShares Staked Ethereum Trust | $35.85 | |
| 21Shares Core Ethereum ETF | $13.85 | |
| Fidelity Ethereum Fund | $27.64 | |
| Bitwise Ethereum ETF | $19.84 | |
| VanEck Ethereum ETF | $40.87 | |
| Invesco Galaxy Ethereum | $27.85 | |
| Franklin Ethereum ETF | $21.02 | |
| Grayscale Ethereum Trust | $22.29 | |
Morgan Stanley Ethereum Trust (MSSE) is a US-listed spot Ethereum ETF issued by Morgan Stanley. It gives investors regulated exposure to Ethereum price through a standard brokerage account, without holding Ethereum directly.
MSSE currently trades at $30.17. Prices on this page update from market data in real time.
MSSE tracks the market value of the Ethereum held by the fund, minus management fees, so its share price moves closely with Ethereum. The key difference is timing: Ethereum trades 24/7, but MSSE only trades during US stock-exchange hours, so its price can gap at the open to catch up with moves that happened overnight or over the weekend.
Prices and statistics on this page are derived from market data tracked by CryptoETF.today and are for informational purposes only. This is not investment advice. Verify fund details, fees and holdings on the issuer's official page before investing.
| Grayscale Ethereum Mini Trust |
| $26.55 |
Yes. MSSE is a spot Ethereum ETF — its value tracks the price of Ethereum held by the fund, rather than futures contracts, which avoids the roll costs that can drag on futures-based products.
Like all ETFs, MSSE charges an annual management fee (expense ratio) that is deducted gradually from fund assets rather than billed separately. For the exact current rate, check Morgan Stanley's official fund page.
Because MSSE is a regular exchange-listed security, it can typically be bought and held in the same brokerage and tax-advantaged accounts (such as US IRAs) that support other ETFs — something that is harder to do when holding Ethereum directly.
MSSE is issued by Morgan Stanley.
You can follow the live MSSE price and interactive chart on this page and add MSSE to a free portfolio on CryptoETF.today to track holdings, average cost and profit/loss.