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It will trade under the ticker MSBT on NYSE Arca, carrying a sponsor fee of.
Morgan Stanley is launching the first U.S. bank-affiliated cryptocurrency ETP, the Morgan Stanley Bitcoin Trust.
KEY POINTS
- The MSBT will trade on NYSE Arca under the ticker MSBT with a 0.14% sponsor fee.
- The 0.14% sponsor fee is currently the lowest among all bitcoin ETPs.
- Coinbase and BNY will provide custody, with BNY also acting as administrator and transfer agent.
COMPANIES
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