Morgan Stanley Ethereum and Solana ETFs attract $33 million second day inflows
Morgan Stanley’s new Ethereum and Solana ETFs gathered $33 million in net inflows on their second trading day, outperforming established rivals. The Morgan Stanley Ethereum Trust (MSSE) attracted $14.03 million despite overall net outflows across US Ethereum funds. Meanwhile, the Morgan Stanley Solana Trust (MSOL) captured $19.03 million, accounting for all net inflows into US Solana ETFs. Both products leverage low 0.14% expense ratios and massive wealth management distribution.
Key takeaways
- 1MSSE brought in $14.03 million during a session when broader US Ethereum ETFs saw net outflows.
- 2MSOL captured all US Solana ETF inflows on Wednesday, securing $19.03 million.
- 3Both Morgan Stanley crypto funds charge a low 0.14% expense ratio and offer staking rewards.
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Why it matters
Traditional wealth management giants expanding into altcoin ETFs with aggressive fees can significantly boost global institutional liquidity and retail adoption across Ethereum and Solana ecosystems, challenging crypto-native fund providers.
Discussion
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