Morgan Stanley MSOL ETF Listed, US SOL Spot ETF Sees Net Outflow of $18.0734 Million in a Single Day

Odaily News, On July 28th Eastern Time, the Morgan Stanley Solana Trust (ticker: MSOL) officially listed on NYSE Arca, bringing the total number of listed SOL spot ETFs to 9.

According to SoSoValue data, on its first day of listing, MSOL recorded zero net inflow, with a trading volume of $19.03 million and total net assets of $1 million. MSOL supports a cash creation/redemption mechanism, with a management fee of 0.14%, and plans to support Solana staking yield mechanisms.

Yesterday, only the Bitwise Solana Staking ETF (BSOL) saw net outflows, with a single-day net outflow of $18.0734 million. Its cumulative historical net inflow currently stands at $891 million.

As of press time, the total net asset value of SOL spot ETFs stands at $852 million, with a net asset ratio of 1.99% for SOL. The cumulative historical net inflow has reached $1.127 billion.