Morgan Stanley’s Spot Bitcoin ETF Tops $139M in Assets Within Nine Days
Summary
Morgan Stanley’s spot bitcoin ETF (MSBT) has successfully accumulated more than $139 million in assets within its first nine days of trading. The fund features a competitive 14 basis point fee and signals strong institutional appetite for regulated bitcoin exposure. Experts suggest that even a modest 2% allocation from Morgan Stanley’s $8 trillion wealth management platform could potentially unlock up to $160 billion in demand, highlighting the significant impact of the firm’s entry into the crypto market.
(Source:Bitcoin Magazine)