Morgan Stanley’s bitcoin ETF absorbs $194 million in first month with no net daily outflows
The Block
Morgan Stanley’s MSBT bitcoin ETF achieved a milestone by recording no net daily outflows during its first month of trading.Summary
The Morgan Stanley Bitcoin Trust (MSBT) successfully completed its first month on the market, accumulating $194 million in net inflows without experiencing a single day of net redemptions. Launched on April 8 with a industry-leading 0.14% annual fee, the fund outperformed many rivals despite broader market volatility. Most inflows originated from self-directed investors, as the firm’s vast network of financial advisors has yet to be fully integrated into the product's distribution pipeline.
(Source：The Block)