Ethereum Spot ETFs See Record Inflows as Morgan Stanley Enters Market
Morgan Stanley's Ethereum Trust (MSSE) has launched on the NYSE Arca, joining ten other listed ETH spot ETFs. On its first trading day, MSSE saw a net inflow of $5.15 million, with a total trading volume of $19.03 million and a net asset value of $6.18 million.
The Ethereum spot ETF with the highest net inflow yesterday was Blackrock's ETHB, which recorded a single-day net inflow of $5.91 million. This brings ETHB's historical cumulative net inflow to $529 million.
The total net asset value of Ethereum spot ETFs has reached $10.50 billion, with an ETF net asset ratio (market cap relative to Ethereum's total market cap) of 4.53%. The historical cumulative net inflow has surpassed $11.21 billion.