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Morgan Stanley launches lowest-fee bitcoin ETF, intensifying market rivalry.
Morgan Stanley's MSBT ETF launched with a 0.14% expense ratio, the lowest among bitcoin ETFs.
KEY POINTS
- MSBT leverages Morgan Stanley's advisor network, enabling direct in-house bitcoin allocations for clients.
- Morgan Stanley is shifting from distributing third-party crypto ETFs to building its own digital asset products.
- The bank has filed for additional crypto ETFs linked to Ethereum and Solana, signaling broader expansion.
- Morgan Stanley plans to integrate crypto trading into its E*Trade platform, expanding digital asset access.
COMPANIES
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