Morgan Stanley’s MSBT ends first trading month with 0 outflows amid Bitcoin ETFs 6-week inflow streak
Summary
Morgan Stanley’s MSBT Bitcoin Trust successfully completed its first month of trading with no net outflows, accumulating $193 million in net inflows and managing over $240 million in assets. Despite volatility in the broader Bitcoin ETF sector, MSBT’s performance is attributed to the bank’s institutional trust, wealth-management network, and a competitive 0.14% fee structure. By integrating digital assets into its existing advisory framework, Morgan Stanley has positioned the fund as a long-term allocation tool for institutional clients, benefiting from a wider six-week market recovery for US spot Bitcoin ETFs.
(Source:CryptoSlate)