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On April 8, Morgan Stanley’s spot Bitcoin exchange-traded fund began trading on the NYSE Arca under the ticker MSBT.
Morgan Stanley's MSBT ETF launched with $34 million in volume and 430 Bitcoin purchased on day one.
KEY POINTS
- MSBT charges a 0.14% sponsor fee, making it the lowest-cost spot Bitcoin ETF in the U.S.
- Morgan Stanley is the first major U.S. bank to issue a spot Bitcoin ETF under its own name.
- MSBT leverages a 16,000-advisor network managing $6.2 trillion, creating a strong distribution advantage.
- Firm advisors now recommend a 2%–4% Bitcoin allocation for growth portfolios, signaling institutional adoption.
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