Morgan Stanley Enters Ethereum ETF Market, Boosts Spot ETF Inflows to $11.2 Billion
Morgan Stanley's MSSE Ethereum Trust officially listed on NYSE Arca on July 29 (UTC+8), marking the launch of another Ethereum spot ETF. The total number of listed spot ETH ETFs is now 11. On its first day, MSSE recorded a net inflow of $5.15 million, trading volume of $19.03 million, and total assets under management of $6.18 million.
The Ethereum spot ETF with the highest single-day net inflow was BlackRock's ETHB, which saw $5.91 million in net inflows, bringing its total historical net inflow to $529 million. The combined total net asset value of Ethereum spot ETFs is now $10.5 billion, representing a 4.53% share of Ethereum's market capitalization.
Cumulative net inflows for these ETFs have reached $11.21 billion, with the entire Ethereum spot ETF space continuing to attract significant investment. As always, it's essential for investors to carefully evaluate the risks associated with digital assets and their own financial circumstances before making any investment decisions.