#MorganStanleyLaunchesSpotBitcoinETF


Morgan Stanley has officially entered the crypto race by launching its own spot Bitcoin ETF, the Morgan Stanley Bitcoin Trust (MSBT). This historic move makes it the first major U.S. bank to issue a spot bitcoin fund directly under its own name. Listed on NYSE Arca, the fund debuted with a highly competitive 0.14% annual management fee, undercutting major rivals like BlackRock and Grayscale.
The launch leverages the bank’s massive distribution power, including approximately 16,000 financial advisors overseeing trillions in client assets. This internal network allows advisors to offer Bitcoin exposure while keeping management fees within the firm. The trust utilizes Coinbase for digital asset custody and BNY Mellon for cash management. Early trading saw significant interest, with MSBT recording over $33 million in first-day inflows. This milestone signals a deeper institutional embrace of digital assets and could spark a new fee war in the ETF market.
BTC2,13%
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