Metallic nanoparticles (NPs) are increasingly being used and inevitably entering the marine environment. Therefore, the adverse effects of NPs on individual marine species have attracted increasing attentions. However, to date, the ecological risks of NPs on the marine ecosystem remain poorly understood. In this study, species sensitivity distributions (SSDs) were constructed for Ag, ZnO, CuO, and TiO2 NPs to understand their ecotoxicity to the marine ecosystem and the contribution of size effect and ion effect to the nanotoxicity. Furthermore, a case study on the assessment of marine ecological risk and marine environment carrying capacity of metallic NPs was performed in Jiaozhou Bay, China. The results showed the toxicity of metallic NPs to marine species following the order of Ag > ZnO > CuO > TiO2. Both size effect and ion effect contributed to the toxicity of NPs. Environmental concentrations of Ag, ZnO, CuO, and TiO2 NPs are much lower than the predicted no-effect concentrations, indicating that these metallic NPs have not yet posed risks to the marine ecosystem based on currently limited measured environmental concentrations of metallic NPs in seawater. And the marine environment carrying capacity of Ag, ZnO, CuO, and TiO2 NPs in Jiaozhou Bay seawater were determined to be 5.03, 8.72, 93.06, and 629.79 t, respectively. The results help us understand the ecological risk of NPs in marine environments and provide a scientific basis for the sustainable development of nanotechnology.