Morgan Stanley's Crypto ETFs Draw Record Inflows

Morgan Stanley's Ethereum and Solana ETFs are off to a strong start, attracting $33 million in inflows on their second trading day. The two funds, MSSE and MSOL, outperformed larger rivals, including BlackRock's ETHA, which saw net outflows of approximately $19 million.

The Ethereum Trust (MSSE) drew $14.03 million, while the Solana Trust (MSOL) recorded $19.03 million in inflows, according to SoSoValue data. Total net inflows into Ethereum ETFs since launch remain at $11.19 billion.

Morgan Stanley's distribution power is seen as a key factor in their success. The bank has 16,000 financial advisers and one of the largest wealth-management platforms in the world, giving it an advantage over crypto-native issuers that lack comparable access to clients.