Morgan Stanley Solana Trust Draws $1.8 Million as ETF Outflows Persist

Morgan Stanley Solana Trust (MSOL) drew about $1.8 million from Oct. 1 through Oct. 19, contrasting with an 11-session withdrawal streak for U.S. spot Solana (SOL) exchange-traded funds.

MSOL’s inflow came on Oct. 8. The fund recorded zero net flow on the other trading days in that period, including Oct. 19. The Oct. 8 inflow was included in the fund’s previously covered $1.77 million inflow for Oct. 5–9.

The broader group posted $6.7 million in net outflows on Oct. 19, its 11th consecutive trading session of withdrawals. Bitwise Solana Staking ETF (BSOL) accounted for $4.9 million of that total, while Fidelity Solana Fund (FSOL) recorded $1.8 million in net outflows. MSOL had no net flow that day.

MSOL had recorded a $3.2 million net outflow on Sept. 30, before the Oct. 1–19 period. MSOL’s inflow over the later period and FSOL’s Oct. 19 outflow were both about $1.8 million, but the figures cover different funds and timeframes.