Morgan Stanley’s Bitcoin ETF to Launch on Wednesday
Cointelegraph
Morgan Stanley is launching its Bitcoin Trust ETF on the NYSE Arca with a market-leading low fee of 0.14%.Summary
Morgan Stanley is set to launch its Bitcoin Trust (MSBT) on the NYSE Arca on Wednesday, positioning itself as the first major commercial bank to offer a spot Bitcoin ETF in the United States. To compete with established giants like BlackRock and Fidelity, the bank has set an ultra-low fee of 0.14%. This move is part of Morgan Stanley’s broader expansion into digital assets, which includes recent filings for staked Ether and Solana ETFs, as well as an application for a national trust banking charter to enhance its crypto-custody and service capabilities.
(Source：Cointelegraph)