Morgan Stanley MSOL ETF Listed, US SOL Spot ETFs See Total Net Outflow of $18.0734 Million in a Single Day
Odaily Planet Daily News On July 28, Eastern Time, the Morgan Stanley Solana Trust (ticker: MSOL) was officially listed on NYSE Arca, bringing the total number of SOL spot ETFs currently listed to 9.
According to SoSoValue data, MSOL saw zero net inflow on its first day of trading, with a trading volume of $19.03 million and total net assets of $1 million. MSOL supports a cash creation/redeemption mechanism, with a management fee rate of 0.14%, and plans to support a Solana staking yield mechanism.
Yesterday, only the Bitwise Solana Staking ETF (BSOL) recorded net outflows, with a single-day net outflow of $18.0734 million. The historical total net inflow currently stands at $891 million.
As of press time, the total net asset value of SOL spot ETFs is $852 million, with a SOL net asset ratio of 1.99%. The historical cumulative net inflow has reached $1.127 billion.
