Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
According to The Block, Morgan Stanley's Bitcoin Trust (MSBT) completed its first month on the market without recording any days of net outflows, a streak that no other competing spot Bitcoin fund has achieved. MSBT launched on April 8 with $30.6 million in net inflows on its first day, placing the fund in the top 1% of ETF issuances according to Bloomberg's analysis of Eric Balchunas. In the first month ending May 8, the fund accumulated $194 million in net inflows, with daily inflows gradually decreasing from tens of millions of dollars in the first two weeks to millions in later sessions, but never falling below zero.
The annual management fee of 0.14% for MSBT is the lowest among all Bitcoin spot ETFs in the U.S., lower than competitors like Grayscale Bitcoin Mini Trust at 0.15%, ARKB at 0.21%, and both BlackRock's IBIT and Fidelity's FBTC at 0.25%. On May 7, while IBIT recorded -$27.2 million and FBTC recorded -$97.6 million in outflows, MSBT announced $5.7 million in inflows, according to data from SoSoValue.