Just watched Morgan Stanley's new Bitcoin ETF make waves faster than expected. In less than a week, MSBT already pulled in over $100 million - which is wild considering WisdomTree's fund took months to accumulate $86 million since launching last year. The fee structure at 0.14% is pretty competitive too, especially when you look at what Fidelity's FBTC expense ratio sits at in comparison. Wednesday alone saw nearly $20 million flow in. If this pace holds, it won't take long before it catches the mid-tier players like Invesco and Valkyrie. What's really interesting though is that BlackRock's IBIT is still crushing it with $64+ billion, and Fidelity's sitting pretty at over $10 billion. The whole Bitcoin ETF space is heating up - Goldman Sachs just threw their hat in the ring with an SEC filing this week. Feels like every major financial institution suddenly wants a piece of this market. Curious to see how many more applications we get in the coming months.