Morgan Stanley Set to Undercut Bitcoin ETF Rivals With 0.14% Fee Ahead of Launch
Morgan Stanley plans to launch a Bitcoin ETF with a 0.14% fee, undercutting competitors like BlackRock and potentially attracting significant investment.Summary
Morgan Stanley is preparing to launch its spot Bitcoin ETF (MSBT) with a notably low annual fee of 0.14%, significantly lower than existing ETFs like BlackRock’s iShares Bitcoin Trust (IBIT) which charges 0.25%. This aggressive pricing strategy aims to capture both internal advisory flows and external investor capital. The lower fee is particularly important within Morgan Stanley’s vast wealth management ecosystem, potentially removing barriers to ETF adoption for financial advisors. Analysts predict that even a small allocation to Bitcoin across Morgan Stanley’s $8 trillion platform could generate substantial demand, potentially exceeding $160 billion. MSBT is expected to begin trading soon, pending final regulatory approval, and will utilize Coinbase as custodian and BNY Mellon for administration.
(Source：Bitcoin Magazine)