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Morgan Stanley’s ETF, trading under MSBT, began trading Tuesday with a 0.14% expense ratio.
Morgan Stanley launched MSBT, a spot bitcoin ETF with a 0.14% expense ratio, undercutting IBIT.
KEY POINTS
- MSBT leverages Morgan Stanley's vast wealth management network to direct client allocations efficiently.
- IBIT remains the most liquid bitcoin ETF, but MSBT's lower fees may attract fee-sensitive investors.
- Morgan Stanley's entry may accelerate a market shift toward fee competition and advisor-driven flows.
COMPANIES
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