Morgan Stanley launches low-cost Bitcoin spot ETF with an annual fee of 0.14%, the lowest in the United States.

SmartContractAuditor · 2026-03-30T12:17:36+00:00

The New York Stock Exchange has approved Morgan Stanley's Bitcoin spot ETF listing, with the ticker symbol MSBT. The fund will hold actual Bitcoin, with an annual fee rate of 0.14%, the lowest in the United States. Morgan Stanley plans to offer retail cryptocurrency trading through the E*Trade platform.

SmartContractAuditor

2026-03-30 12:17:36

Abstract generation in progress

Odaily Planet Daily News: The New York Stock Exchange has officially approved the listing of a spot Bitcoin ETF under Morgan Stanley. The product will trade on NYSE Arca under the ticker MSBT. Morgan Stanley filed an S-1 registration statement in January 2026, with seeding investment of $1 million. The fund will hold actual Bitcoin, with Coinbase handling cold-storage custody and BNY Mellon handling cash management, administration, and transfer-agent functions.

The MSBT annual fee rate is 0.14%, which is lower than Grayscale’s current lowest 0.15% and BlackRock’s IBIT at 0.25%, making it the lowest among spot Bitcoin ETFs in the U.S. MSBT is also the first spot Bitcoin ETF directly issued by a major U.S. bank. Morgan Stanley has more than 16,000 financial advisors and plans to offer retail crypto trading through the E*Trade platform.

At present, the total assets under management in the U.S. spot Bitcoin ETF market are approximately $83 billion. Analysts believe trading could begin within days to a few weeks.

BTC0.19%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.