Morgan Stanley Bitcoin ETF nears launch after NYSE Arca listing update

Morgan Stanley's proposed spot Bitcoin ETF, expected to trade under the ticker MSBT, is nearing launch after NYSE Arca accepted its listing application. This move, signaled by ETF expert Eric Balchunas, follows Morgan Stanley's submission of an amended S-1 registration detailing an initial share basket and seed investment. The fund will hold physical Bitcoin, track the benchmark price without leverage, and utilize Fidelity as custodian and BNY Mellon for administration. While fees are undisclosed, competition suggests they might be around 0.24%. The potential for significant inflows is high, as Morgan Stanley Wealth Management currently advises suitable clients to allocate up to 4% to Bitcoin. The SEC review must conclude before trading begins, with a final ruling anticipated between late Q2 and early Q3 2026. Furthermore, Morgan Stanley is developing spot ETFs for Ethereum and Solana and plans to offer retail crypto trading via E*Trade.

(Source：Crypto Briefing)