Morgan Stanley (MSBT) Launches Cheapest Bitcoin ETF at 0.14%
Published on Β· Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowMorgan Stanley (MSBT) has launched a Bitcoin ETF charging an annual fee of 0.14%, making it the cheapest currently available. On its first trading day, the ETF attracted $34 million in net inflows and traded over 1.6 million shares, marking it in the top 1% of ETF launches in the past year. The fund also purchased 430 BTC on debut, indicating robust demand. The launch coincides with Bitcoin ETFs posting their first positive monthly inflows in 2026, totaling $1.32 billion after prior outflows, potentially positioning MSBT favorably in a competitive market.
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About Morgan Stanley (MS)
Morgan Stanley is a leading global investment bank and wealth manager.
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