Morgan Stanley Ethereum and Solana ETFs outperform rivals as second-day inflows reach $33 million

Morgan Stanley’s new Ethereum and Solana exchange-traded funds drew $33 million on their second trading day, outperforming larger rivals and giving the Wall Street firm an early foothold in two increasingly competitive markets.

The Morgan Stanley Ethereum Trust, trading under the ticker MSSE, attracted $14.03 million on Wednesday, while the Morgan Stanley Solana Trust, or MSOL, recorded $19.03 million, according to SoSoValue data.

MSSE’s intake exceeded that of BlackRock’s ETHA, the dominant US spot Ethereum ETF, even as the broader category recorded approximately $19 million in net outflows. Total net inflows into Ethereum ETFs since launch remained at $11.19 billion.

MSOL accounted for all the money entering US Solana ETFs during the session, despite having traded for only two days. SoSoValue lists eight other Solana funds with combined net assets of approximately $842 million.

With these inflows, MSSE and MSOL now manage $20 million in assets.

Meanwhile, the inflows to these products followed an active debut on Tuesday, when the two Morgan Stanley products generated roughly $38 million in combined trading volume.

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