BlackRock Posts Massive Bitcoin ETF Inflows as Morgan Stanley Debuts MSBT With Strong Early Demand
Bitcoin Magazine
U.S. spot Bitcoin ETFs saw $358.1 million in inflows, led by BlackRock's IBIT and a strong debut from Morgan Stanley's new MSBT fund.Summary
U.S. spot Bitcoin ETFs experienced a significant surge in interest, recording $358.1 million in net inflows on Thursday. BlackRock’s iShares Bitcoin Trust (IBIT) led the market with $269.3 million in inflows, marking its best performance in five weeks. Additionally, Morgan Stanley’s new Bitcoin Trust (MSBT) demonstrated strong initial demand, securing $14.9 million on its second day of trading following a successful launch. These inflows reflect a broader market rebound and intensifying competition among institutional providers, despite recent price volatility for Bitcoin.
(Source：Bitcoin Magazine)