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Morgan Stanley Bitcoin ETF Sees Strong Inflows
The Block·
Morgan Stanley's Bitcoin ETF, MSBT, has attracted significant attention, accumulating $194 million in its initial month of operation. Notably, the fund has experienced no net daily outflows, indicating sustained investor confidence. The majority of this capital originates from self-directed clients, as the bank's extensive network of financial advisors has not yet received clearance to actively promote the ETF. This early success suggests a growing appetite for regulated cryptocurrency investment products among retail investors, even as institutional advisory channels are still being established.
Tickers
$BTC-USD
Tags
fintech
crypto
etf
Original Source
The Block — theblock.co