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#大摩比特币现货ETF上市 Major Institution Breakthrough: Morgan Stanley MSBT Launches! Bitcoin ETF Landscape Completely Reshuffled
On April 8, 2026, a milestone event in the crypto industry: Morgan Stanley officially launches the Bitcoin spot ETF (MSBT). This is not an ordinary ETF but the beginning of Wall Street’s top banks fully controlling crypto pricing power.
Rates, channels, scale, clients, ecosystem—completely surpassing existing products, ending the era of BlackRock IBIT’s dominance.
1. Core Advantages of MSBT: 0.14% fee, the lowest in the market; highly homogeneous Bitcoin ETF, fee rate is the core competitive edge. MSBT fee rate: annual comparison with mainstream products:
BlackRock IBIT: 0.25%
Grayscale Mini: 0.15%
Bitwise BITB: 0.20%
Investing $100k, MSBT saves approximately $110 annually compared to IBIT.
For long-term allocation and large funds, cost differences are decisive.
2. The True Killer: 16k Advisors + $6.2 Trillion Assets
Channel fee rates are just surface-level; the distribution network is the ultimate barrier!
3. First Day Performance
Proving strength: $34 million inflow
MSBT’s debut data:
Net fund inflow: approximately $34 million
Trading volume: over 10,000 shares
Custody: Coinb Fund
Administration: Bank of New York Mellon directly becomes the strongest competitor to BlackRock IBIT (approximately $55 billion in scale).
4. Morgan Stanley is not just launching an ETF but building a complete crypto empire
Systematic, strategic layout: Bitcoin ETF
Solana ETF staking
Ethereum ETF application for digital trust bank license
E*Trade opens crypto retail trading
Full chain of custody, trading, staking, lending
Goal: Enable clients to complete all crypto asset allocations within Morgan’s ecosystem.
5. Macro Environment Perfectly Aligned: Geopolitics + Oil Prices + Federal Reserve Triple Benefits
MSBT’s launch timing is perfect: geopolitical easing but long-term uncertainty remains
Oil prices maintained at approximately $97
Inflation expectations increased by 50 basis points
Rate hikes delayed, high interest rates prolonged
Gold at 4,700 + USD at high levels
Demand for alternative asset allocation explodes, Bitcoin becomes the top choice.
6. Short-term Structural Risks for Bitcoin: High Leverage Needs Absorption
Long-term extremely favorable, but short-term pressures remain: leveraged longs ≥80,000
BTC at high levels, institutional funds cautious, market sentiment overheated
MSBT’s launch marks that crypto assets have officially entered mainstream Wall Street allocation. In the future, it will no longer be dominated by native crypto companies but defined by top-tier banks, controlling funds, and setting trends. The era of institutionalized Bitcoin has truly begun. #Gate广场四月发帖挑战
On April 8, 2026, the crypto industry reached a milestone: Morgan Stanley officially launched the Bitcoin Spot ETF (MSBT). This is not an ordinary ETF but marks the beginning of Wall Street’s full control over crypto pricing.
Rates, channels, scale, clients, and ecosystem—completely surpassing existing products. The era of dominance by BlackRock IBIT is coming to an end.
1. Core Advantages of MSBT: 0.14% fee, the lowest in the market. Highly homogeneous Bitcoin ETF, with fee rate as the core competitive edge. MSBT fee: annual comparison with mainstream products:
BlackRock IBIT: 0.25%
Grayscale Mini: 0.15%
Bitwise BITB: 0.20%
Investing $100k, MSBT saves approximately $110 annually compared to IBIT.
For long-term allocation and large funds, cost differences are decisive.
2. The Real Killer: 16k Advisors + $6.2 Trillion Assets
Channel fee rates are just surface-level; the distribution network is the ultimate barrier!
3. First Day Performance
Proving strength: $34 million inflow
MSBT’s debut data is impressive:
Net fund inflow: approximately $34 million
Trading volume: over 10,000 shares
Custody: Coinb Fund
Administration: Bank of New York Mellon becomes the strongest competitor to BlackRock IBIT (approximately $55 billion in scale).
4. Morgan Stanley is not just launching an ETF but building a complete crypto empire
Systematic, strategic layout: Bitcoin ETF
Solana ETF staking
Ethereum ETF application for digital trust bank license
E*Trade opens crypto retail trading
Full chain of custody, trading, staking, and lending
Goal: enable clients to complete all crypto asset allocations within Morgan’s ecosystem.
5. Macro Environment Perfectly Aligned: Geopolitics + Oil Prices + Federal Reserve Triple Benefits
MSBT’s launch timing is perfect: geopolitical easing but long-term uncertainties remain
Oil prices maintained around **$97**
Inflation expectations increased by 50 basis points
Rate hikes delayed, high interest rates prolonged
Gold at $4,700 + US dollar at high levels
Alternative asset allocation demand explodes; Bitcoin becomes the top choice.
6. Short-term Structural Risks for Bitcoin: High Leverage Needs Absorption
Long-term extremely favorable, but short-term pressures remain: leveraged longs ≥80,000
BTC at high levels, institutional funds cautious, market sentiment overheated
MSBT’s launch marks crypto assets officially entering mainstream Wall Street allocation. In the future, it will no longer be dominated by native crypto companies but defined by top-tier banks, controlling funds, and setting trends. The era of institutionalized Bitcoin has truly begun. #Gate广场四月发帖挑战