# Morgan Stanley launched its spot Bitcoin ETF on Apr.

*fintech · news · 2026-04-19 · CryptoSlate*

## Key points

- Morgan Stanley's MSBT is the first US bank-affiliated Bitcoin ETP, with a 0.14% sponsor fee.
- MSBT attracted $116 million net inflows in its first seven trading sessions, surpassing competitor BTCW.
- Goldman Sachs filed for its first Bitcoin ETF six days after MSBT launched, indicating shrinking reputational barriers.
- Major banks are using both ETF launches and expanded crypto brokerage access to compete for clients.
- MSBT's early success may trigger a fee war and broader institutional adoption of Bitcoin ETFs.

**Companies:** Morgan Stanley, Goldman Sachs, Bank of America, Charles Schwab
**Countries:** United States

[Read the full story on CryptoSlate](https://cryptoslate.com/morgan-stanleys-116m-bitcoin-etf-debut-is-tiny-next-to-1-9t-and-thats-why-wall-street-will-notice/)

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