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Morgan Stanley launched the MSBT spot Bitcoin ETF on April 8 with a 0.14% expense ratio, becoming the first major US bank to offer direct Bitcoin exposure.
Morgan Stanley launched the first bank-issued spot Bitcoin ETF, MSBT, on April 8, 2024.
KEY POINTS
- MSBT undercuts BlackRock’s IBIT with a 0.14% expense ratio and drew $34 million on day one.
- 16,000 Morgan Stanley wealth advisors now offer direct Bitcoin exposure to $1.9 trillion in client assets.
- Pepeto presale raised over $8.8 million, with its zero-fee swap engine and staking already live.
- VanEck’s AVAX ETF launched in January 2026, doubling Avalanche’s RWA tokenization TVL to $2.1 billion.
COMPANIES
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