Morgan Stanley bets on ETH and SOL as Bitcoin ETF outflows hit day 4
Bitcoin ETF outflows are stretching into a fourth consecutive day — and the timing couldn’t be more pointed. On July 28, 2026, spot Bitcoin ETFs bled $49.75 million in net outflows, while Morgan Stanley simultaneously debuted brand-new exchange-traded products for Ethereum and Solana on NYSE Arca. The contrast tells a story that goes beyond single-day flows.
Key takeaways
- Bitcoin ETFs recorded $49.75 million in net outflows on July 28, 2026 — the fourth consecutive day of outflows, according to Coinfomania.
- Morgan Stanley launched the Ethereum Trust (MSSE) and Solana Trust (MSOL) on NYSE Arca, with both funds carrying a 0.14% expense ratio — the lowest on the market.
- Both new Morgan Stanley funds plan to pass staking rewards directly to investors.
- Morgan Stanley’s Bitcoin Trust (MSBT), which launched earlier in 2026, had already accumulated more than $381 million in assets under management through July 16.
- Bitcoin maintains its market dominance despite the ETF outflow streak, even as institutional capital shows signs of rotating toward altcoin products.
Bitcoin ETFs see four straight days of outflows
Spot Bitcoin ETFs have now shed capital for four days running — a streak that institutional observers are watching closely as a potential signal of shifting portfolio strategy rather than simple profit-taking. The $49.75 million single-day outflow figure is not catastrophic on its own, but the consistency of the trend is what makes it notable.
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