Morgan Stanley Bitcoin ETF Sees Strong Debut

Morgan Stanley's new spot bitcoin ETF, MSBT, launched with significant early traction, attracting approximately $34 million in inflows on its first day. The fund distinguishes itself by offering the lowest expense ratio in its category at 0.14%, positioning it as a cost-competitive option. Leveraging Morgan Stanley's extensive wealth management network and financial advisor base, the ETF is poised to reach a broad investor audience. While initial trading indicates strong demand, its long-term success will depend on its ability to maintain momentum against established market leaders.