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Morgan Stanley is set to launch its Bitcoin exchange-traded fund on the NYSE Arca stock exchange this Wednesday.
Morgan Stanley will launch its Bitcoin ETF, MSBT, on NYSE Arca on April 8.
KEY POINTS
- Morgan Stanley is the first major U.S. commercial bank to offer a Bitcoin ETF.
- MSBT's 0.14% fee undercuts competitors and may trigger a broader fee reduction.
- Morgan Stanley has chosen Coinbase Custody and BNY Mellon as custodians for MSBT.
- The bank is also seeking approval for staked Ether and Solana ETFs, expanding its crypto offerings.
COMPANIES
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