business / news / / Finbold
BlackRock’s iShares Bitcoin Trust ETF (IBIT) could withstand a renewed fee war by the recently launched Morgan Stanley Bitcoin Trust ETP (MSBT.
BlackRock's IBIT is unlikely to cut fees despite Morgan Stanley's lower-priced MSBT launch.
KEY POINTS
- BlackRock currently controls over $11 trillion in AUM, dwarfing Morgan Stanley's $1.9 trillion.
- IBIT holds about 60.82% of all U.S. Bitcoin ETF assets, maintaining clear market dominance.
- MSBT's debut trading volume was $27 million in 12 hours, far below IBIT's $292 million in 20 minutes.
COMPANIES
Summarized by Newsio from Finbold. How we summarize →