Morgan Stanley Officially Becomes the First U.S. Bank to Launch a Spot Bitcoin ETF



Morgan Stanley officially becomes the first major U.S. bank to launch a spot Bitcoin ETF product on Wednesday (08/04). The bank, with $6 trillion in assets under management, has begun trading the Morgan Stanley Bitcoin Trust ($MSBT) on the NYSE Arca exchange. This move is supported by a network of 16,000 financial advisors promoting the product to their clients.
​CEO of Strategy, Phong Le, describes this launch as the "Monster Bitcoin" due to its significant potential to drive market liquidity. Morgan Stanley has set an management fee of 0.14 percent, which is currently the lowest rate in the U.S. market. This pricing strategy is aimed at attracting institutional investors through direct access via major banking channels.
​The presence of 16,000 Morgan Stanley financial advisors marks the entry of banking institutions into the broader digital asset market. With competitive fee structures and extensive marketing support, MSBT will be available to high-net-worth clients starting April 8, 2026. The main focus of this product is to provide easy access to Bitcoin investment under the umbrella of official financial institutions.
BTC4,77%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin