Morgan Stanley launched its spot Bitcoin ETF: MSBT on 04/08
This isn’t just “another Bitcoin ETF”:
- First major U.S. bank-issued BTC ETF
→ Not just asset managers like BlackRock—this is a bank entering directly - Ultra-low fee (~0.14%)
→ One of the cheapest in the market, undercutting competitors - Massive distribution power
→ Morgan Stanley’s advisor network could push significant inflows - Strong early demand
→ ~$34M trading volume on debut
