Just saw Morgan Stanley dropped a bitcoin ETF with a 0.14% fee and it pulled in like $100M in the first week. That's pretty wild considering how crowded the space is getting. The expense ratio on this thing is basically the lowest I've seen in the bitcoin ETF market right now. Makes you wonder what the older funds are doing - their fees suddenly look expensive compared to this. Curious if this is gonna push other issuers to cut their costs or if they're just gonna stick with what they've got. Either way, good news for people who actually want to hold bitcoin exposure without getting bled dry on fees every year.

BTC-0.02%
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