Morgan Stanley Nears Bitcoin ETF Launch With Fee Below BlackRock

Banking giant Morgan Stanley is preparing to enter the US spot Bitcoin ETF market with a highly competitive fee of 0.14%, as detailed in an amended S-1 filing. This proposed fee is the lowest in the category and significantly undercuts BlackRock's iShares Bitcoin Trust (IBIT), which charges 0.25%. This aggressive pricing strategy aims to rapidly gain market share in a crowded sector where US spot Bitcoin ETFs collectively manage $84.77 billion in assets. The move is strategic, allowing Morgan Stanley to vertically integrate its crypto offerings, as its wealth management division, overseeing $6 trillion, can now offer an in-house fund instead of just third-party options. This ETF launch is part of a broader digital asset expansion by the firm, which has also filed for ETFs on Ethereum and Solana and is building infrastructure for DeFi and real-world asset tokenization.

(Source：BeInCrypto)