Morgan Stanley's Solana ETF filing boosts SOL as Wall Street weighs it against Ethereum
In early 2026, Solana gained momentum as Morgan Stanley submitted an S-1 to register the "Morgan Stanley Solana ETF Trust" with the SEC. While Bitcoin ETFs recently posted about $240 million in net outflows and Ethereum and Solana ETFs saw inflows of $115 million and $9.2 million, Solana's TVL rose roughly 9% this week versus about 6% for Ethereum. The SOL/ETH ratio has climbed around 3% from key support, reviving debate over whether institutional flows are tilting Solana's way compared with Ethereum.