Morgan Stanley Bitcoin Spot ETF's first day of trading sees approximately $34 million in capital inflows

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Mars Finance news: On April 9, according to CoinDesk, trading activity for Morgan Stanley’s spot Bitcoin ETF was strong on its first day, with more than 1.6 million shares traded and approximately $34 million in inflows. The fee is only 0.14%, the lowest among comparable products, positioning it to enter the market competition primarily on pricing advantages. In addition to the low fee, supported by Morgan Stanley’s massive wealth management network, MSBT is expected to gain appeal as more investors are introduced to Bitcoin through financial advisors, though in a market dominated by a few large participants, whether it can sustain early momentum remains uncertain.

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