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How much ether is in one share of MSSE?
Morgan Stanley Ethereum Trust (MSSE), from Morgan Stanley. Coins per share, fee, and a calculator for your shares.
As of Oct 23, 2026, one share of MSSE held 0.01076655 ETH. About 92.88 shares of MSSE equal one ETH.
Coin value of one share now: — at the current price per ETH.
MSSE calculator: shares to ETH, or ETH to shares
How the fee shrinks MSSE’s ether per share
| After | ETH per share | Coin lost to fees |
|---|---|---|
| 1 year | 0.01075149 | 0.14% |
| 5 years | 0.01069145 | 0.70% |
| 10 years | 0.01061687 | 1.39% |
Assumes the 0.14% fee stays the same, and ignores staking rewards, which can add coins. Compare fees across all funds.
Other spot ETH ETFs (by fee)
ETH 0.15%EZET 0.19%ETHW 0.20%ETHV 0.20%TETH 0.21%ETHA 0.25%ETHB 0.25%FETH 0.25%QETH 0.25%ETHE 2.50%
MSSE FAQ
How much ether is in one share of MSSE?
As of Oct 23, 2026, one share of MSSE held 0.01076655 ETH. About 92.88 shares of MSSE equal one ETH. Source: Morgan Stanley.
How many shares of MSSE equal 1 ETH?
About 92.88 shares as of Oct 23, 2026. This rises slowly over time because the 0.14% fee is paid in ether.
What is the MSSE expense ratio?
MSSE charges 0.14% a year. It is the 1st cheapest of 11 spot ETH funds listed here.
Does MSSE stake its ether?
Yes. The fund stakes part of its holdings, so rewards can add coins and its coins per share can rise as well as fall. Staking rewards are paid out in cash, so ETH per share still declines with the fee.
Is MSSE the same as owning ether?
Not quite. MSSE holds ether for you and its price tracks the coin, but you own fund shares, pay the fee, and cannot withdraw the coin. Shares can trade a little above or below the value of the coins they hold.