🚨 Morgan Stanley’s Bitcoin ETF Draws $34M on Day One! 📈
Morgan Stanley’s new spot Bitcoin ETF (MSBT) had a strong debut on the NYSE Arca, logging over 1.6 million shares traded and attracting approximately $34 million in inflows on its first day.
Key highlights:
• Ultra-low 0.14% expense ratio — the cheapest in the category, undercutting BlackRock’s IBIT (0.25%)
• First Bitcoin ETF launched by a major Wall Street bank
• Leverages Morgan Stanley’s massive network of 16,000 financial advisors for distribution
This signals growing institutional demand and intensifies the fee war in the $85B+ Bitcoin ETF space.
Bullish for broader BTC adoption through traditional finance channels? 👀
What’s your take — will MSBT steal significant market share? Drop your thoughts below 👇
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