msol

On July 28, Eastern Time, Morgan Stanley Solana Trust (ticker MSOL) was officially listed on NYSE Arca, bringing the total number of listed SOL spot ETFs to 9. According to SoSoValue data, MSOL had zero net inflow on its first day of listing, with a trading volume of $19.03 million and a total net asset value of $1 million. MSOL supports a cash creation/redemption mechanism, with a management fee rate of 0.14%, and plans to support the Solana staking yield mechanism.Yesterday, only the Bitwise Solana Staking ETF (BSOL) experienced net outflows, with a single-day net outflow of $18.0734 million, and the historical total net inflow currently stands at $891 million. As of the time of writing, the total net asset value of SOL spot ETFs is $852 million, with a SOL net asset ratio of 1.99%, and the historical cumulative net inflow has reached $1.127 billion.

Bloomberg analyst James Seyffart posted on the X platform, revealing that Morgan Stanley has submitted a revised application for its Solana ETF, with the proposed trading code $MSOL. The management fee information has not yet been disclosed.

According to ChainCatcher's message and monitored by PeckShield, the address marked as FTX cold wallet has transferred 240,000 mSOL (worth approximately 46.3 million USD) to Coinbase Prime.

ChainCatcher news, the Solana ecosystem's composable automated liquidity management protocol Kamino announced on social media that this week it will provide 1 million MNDE rewards to depositors of Kamino's mSOL-SOL liquidity pool.In the next 3 months, depositors can unlock up to 12.5 million MNDE.

ChainCatcher message, Coinbase's comprehensive solution for institutional investors, Coinbase Institutional, announced that Marinade Staked SOL (mSOL) is now available for custody, and mSOL is now live on Coinbase Prime. The availability of this asset may be subject to restrictions from the custody entity and client jurisdiction.

ChainCatcher news, Marinade Finance's liquid staking derivative mSOL token price on Solana dropped from $77 to below $67 in just a few minutes last night, a decline of 18%, and then quickly rebounded.According to data from The Block Research, a large whale seems to have caused the sharp drop in mSOL price by swapping over $5 million worth of mSOL derivatives for SOL.

ChainCatcher news, according to the official announcement, Coinbase will add support for Marinade (MNDE) and Marinade Staked SOL (MSOL) on the Solana network (SPL tokens). If liquidity conditions are met, trading will begin on November 3, 2022, at 9 AM Pacific Time or later. (source link)

ChainCatcher news, Coinbase Assets announced the listing of Marinade token MNDE and Marinade Staked SOL token MSOL in the coin listing roadmap. (Source link)