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Morgan Stanley files low-fee Solana ETF as SBI launches tokenized fund, but Solana price stays near 2.5-year low.

Market News
20 Jul 2026
Crypto Briefing
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Neutral
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Morgan Stanley has filed for a Solana spot ETF with a low sponsor fee of 0.14%, while SBI Global Asset Management launched Japan's first tokenized equity fund on the Solana blockchain. These moves indicate growing institutional interest in Solana and blockchain adoption in traditional finance. However, Solana's native token remains near a 2.5-year low, trading between $68 and $77, reflecting cautious market sentiment. Investors await SEC approval of the ETF and the performance of SBI's fund, which could influence Solana's future price and adoption.

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