Today Morgan Stanley launches a #bitcoin ETF on the NYSE.

Ticker: MSBT. Fee: 0.14%, the lowest of any Bitcoin ETF in existence.

The same bank that called crypto a speculative asset for years is now competing on price to give clients Bitcoin exposure.

Not just offering it.

Undercutting BlackRock to win the business.

This is not adoption creeping in.

This is Wall Street sprinting through the door it spent a decade blocking.

$BTC at $72K with Morgan Stanley in the race is a very different market than BTC at $72K without them.