Morgan Stanley’s Bitcoin ETF MBST To Go Live Tomorrow, 16,000 Advisors Ready To Sell It To Clients
Bitcoin Magazine
Morgan Stanley is launching its spot Bitcoin ETF, MBST, featuring a competitive 0.14% fee to capture institutional and wealth management market share.Summary
Morgan Stanley is set to launch its own spot Bitcoin exchange-traded product, the Morgan Stanley Bitcoin Trust (MBST), on April 8. By issuing its own fund rather than distributing third-party products, the bank aims to leverage its massive network of 16,000 financial advisors to drive adoption. With a fee structure of 0.14%, the product significantly undercuts major competitors like BlackRock. This launch marks a major milestone, positioning Morgan Stanley as the first large U.S. bank to offer an in-house spot Bitcoin ETF to its wealth management clients.
(Source：Bitcoin Magazine)