fintech / news / / Fortune
The spot fund saw over $25 million in trading volume in its first half day of trading.
Morgan Stanley's spot Bitcoin ETF launched with a 0.14% sponsor fee, the industry's lowest.
KEY POINTS
- MSBT's debut trading volume exceeded $25 million, ranking in the top 1% of ETF launches.
- Morgan Stanley has also filed for Ethereum and Solana trusts, expanding beyond Bitcoin.
- Morgan Stanley's advisors now recommend clients allocate 2-4% of portfolios to crypto.
- Coinbase and BNY Mellon were selected as custodians for Morgan Stanley's Bitcoin ETF.
COMPANIES
Summarized by Newsio from Fortune. How we summarize →