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๐ฅMorgan Stanley Bitcoin Spot ETF sees approximately $34 million in capital inflow on its first day of trading
According to CoinDesk, Morgan Stanley's Bitcoin Spot ETF was active on its launch day, trading over 1.6 million shares with capital inflows of about $34 million. The fee rate is only 0.14%, the lowest among similar products, leveraging price advantages to compete in the market. In addition to the low fee, supported by Morgan Stanley's extensive wealth management network, MSBT is expected to become more attractive as more investors access Bitcoin through financial advisors. However, in a market dominated by a few large players, there is uncertainty about whether it can sustain early momentum.
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