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Morgan Stanley is now also entering the Bitcoin ETF market and is going directly for aggressive pricing. The low costs they offer could significantly shift the playing field. This is interesting because traditional financial institutions are now seriously operating in this space.
CoinDesk reports that this is an important step for institutional adoption. It’s remarkable how quickly major players are launching approved ETF products. Competition on cost levels is becoming increasingly fierce, which is actually good for investors.
The connection between CoinDesk and Bullish is interesting — they work as media partners for the crypto industry. These kinds of partnerships help bring more transparency and professionalism to the sector. Whether this truly makes a difference remains to be seen.