Currencies38131
Market Cap$ 2.27T+1.53%
24h Spot Volume$ 32.72B+0.39%
DominanceBTC56.39%+0.25%ETH9.49%+1.53%
ETH Gas0.15 Gwei
Cryptorank
/

Morgan Stanley’s MSBT ETF Hits $100M in Record-Breaking First Week


Morgan Stanley’s MSBT ETF Hits $100M in Record-Breaking First Week

Share:

AI Overview

MSBT (Morgan Stanley spot Bitcoin ETF) launched Apr 8 and drew >$100M in first-week inflows, the firm's best ETF debut, signaling institutional demand and adoption via wealth-management channels. The ETF carries a 0.14% expense ratio — the cheapest spot Bitcoin ETF — boosting competitiveness and likely to attract flows vs Invesco Galaxy, Valkyrie, and Franklin products. Crypto market impact: accelerates regulated Bitcoin ETF adoption and competition, improving institutional access to spot Bitcoin exposure.

Bullish

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner
  • MSBT started trading on April 8, immediately outperforming some older ETFs.
  • The ETF carries a 0.14% expense ratio, the cheapest spot Bitcoin ETF currently available.
  • MSBT could soon pass the Invesco Galaxy, Valkyrie, and Franklin Bitcoin ETFs.

Morgan Stanley has recorded a standout debut in the crypto ETF market, with its spot Bitcoin ETF (ticker MSBT) pulling in over $100 million in inflows within its first week, which is the best ETF launch the firm has ever had.

The ETF started trading on April 8 and has already picked up steam, showing that big investors still want Bitcoin exposure, even with the current market uncertainty.

Low fee is likely one of the reasons for this success. The ETF carries a 0.14% expense ratio, making it the cheapest spot Bitcoin ETF currently available. Additionally, Morgan Stanley’s huge wealth management network can put the fund in f…

Read The Full Article Morgan Stanley’s MSBT ETF Hits $100M in Record-Breaking First Week On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 64.12K

+1.60%

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

In This News

Coins

$ 64.12K

+1.60%

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

Read More

Gold price slips as Trump says Iran ceasefire is over

Gold price slips as Trump says Iran ceasefire is over

BitcoinWorld Gold price slips as Trump says Iran ceasefire is over The price of gold...
5 Altcoins Stand to Gain From Tokenized Stocks, Grayscale Says

5 Altcoins Stand to Gain From Tokenized Stocks, Grayscale Says

In Brief Grayscale says five altcoins stand to benefit most as tokenized stocks grow...