[Weekly Crypto] 2026.06.22 1️⃣ Morgan Stanley Files for ETH and SOL ETFs With the Market's Lowest Fees On June 18 Morgan Stanley filed amendments with the SEC for its spot Ethereum and Solana ETFs, setting a 0.14% sponsor fee — the lowest in both markets, undercutting Grayscale's 0.15% Mini Ether Trust and Franklin Templeton's 0.19% Solana fund. Both funds plan to stake a portion of their holdings to generate additional rewards, with Figment, Galaxy and Coinbase Canada serving as staking providers. [The Block] 2️⃣ State Street Launches GENIUS-Compliant Money Market Fund for Stablecoin Reserves On June 16 State Street introduced the State Street Stablecoin Reserves Money Market Fund (SSCXX), a government money market fund built to hold the reserves backing dollar stablecoins under the GENIUS Act. Backed by initial investment from State Street Bank and Anchorage Digital, the fund invests only in cash and short-term U.S. Treasuries to preserve a stable $1 share price, targeting the fast-growing stablecoin reserve market. [CoinDesk] 3️⃣ CoinMENA Partners With Standard Chartered for Regulated UAE Banking Rails On June 17 Gulf-based crypto exchange CoinMENA secured a banking partnership with Standard Chartered to provide regulated fiat payment and settlement infrastructure in the UAE. The deal underscores how the UAE has become a leading regulatory hub for digital assets, with traditional banks increasingly collaborating with licensed crypto firms to support institutional participation. [CoinTelegraph] 4️⃣ BitMine, SharpLink and Joe Lubin Back New Ethereum R&D Lab "Ethlabs" Ethereum co-founder Joe Lubin, together with public ETH treasury firms BitMine and SharpLink, is funding Ethlabs, a new non-profit research lab founded by former Ethereum Foundation researchers. The lab's initial focus is preparing Ethereum for institutions to operate on-chain at scale, with funders explicitly holding no influence over the independent research agenda. [Decrypt] 5️⃣ Bank of England Scraps Strict Stablecoin Holding Caps in Major Policy Reversal On June 22 the Bank of England backed down from its proposed £20,000 individual and £10 million corporate stablecoin holding limits, replacing them with a temporary £40 billion (~$50B) issuance guardrail per systemic stablecoin. Regulators also cut required non-interest central-bank deposits to 30%, letting issuers invest up to 70% of reserves in short-term UK government debt — a win for industry competitiveness ahead of full UK crypto rules in 2027. [BeInCrypto] About GROW GROW offers top-notch reward rates so that clients can safely grow their wealth on a leading global platform