Morgan Stanley Ethereum and Solana ETFs outperform rivals as second-day inflows reach $33 million
Morgan Stanley’s new Ethereum and Solana ETFs pulled in $33 million on their second trading day, signaling early traction in competitive crypto ETF markets. The Ethereum fund, MSSE, took in $14.03 million, while the Solana fund, MSOL, drew $19.03 million, with MSOL accounting for all US Solana ETF inflows that day. MSSE even outpaced BlackRock’s ETHA on net inflows, despite Ethereum ETFs overall seeing about $19 million in outflows. The funds now manage about $20 million combined. Their debut followed roughly $38 million in first-day trading volume, but net inflows are a stronger measure of new investor capital. Morgan Stanley is leveraging its large adviser network, wealth platform, E*TRADE distribution, and low 0.14% fees to compete with established issuers. Its earlier Bitcoin trust has already gathered about $400 million, helping build a broader crypto ETF franchise.
