Morgan Stanley Ethereum Trust (MSSE) Stock Price, Quote, News & History | Benzinga

In seeking to achieve its investment objective, the Trust will hold ether. as measured by the performance of the CoinDesk Ether Benchmark 4PM NY Settlement Rate (the Pricing Benchmark), adjusted for the Trusts expenses and other liabilities and to reflect rewards from staking a portion of the Trusts ether, to the extent the Delegated Sponsor in its sole discretion determines that the Trust may do so without incurring undue legal or regulatory risk, including, without limitation, any risk to the Trusts qualification as a grantor trust for U.S. federal income tax purposes. The Pricing Benchmark is calculated by CoinDesk Indices, Inc. (the Benchmark Provider). The Pricing Benchmark is designed to reflect the performance of ether in U.S. dollars. The Shares of the Trust are valued daily based on the Pricing Benchmark.