Morgan Stanley’s Bitcoin ETF Debuts With $34 Million in Volume
Bitcoin Magazine
Morgan Stanley launched its spot bitcoin ETF, MSBT, which recorded $34 million in trading volume on its debut day.Summary
Morgan Stanley has officially entered the spot bitcoin ETF market with the launch of its Bitcoin Trust (MSBT). The fund debuted with $30.6 million in net inflows and $34 million in trading volume, distinguishing itself with a competitive 14 basis point fee. While the launch marks a significant addition to the sector, broader market data shows U.S. spot bitcoin ETFs experienced net outflows, driven largely by profit-taking as bitcoin prices fluctuated near $70,000.
(Source：Bitcoin Magazine)