Morgan Stanley “Equalizes” the Market with the Cheapest Bitcoin ETF: Raises $34 Million on the First Day



Morgan Stanley officially launched a spot Bitcoin ETF called Morgan Stanley Bitcoin Trust (MSBT) on NYSE Arca on April 8, 2026. This move marks the entry of a major US bank into the crypto market directly, while also demonstrating their commitment to providing digital asset access for institutional investors and high-net-worth clients.

The main advantage of MSBT lies in its very low fees, only 0.14%, cheaper than competitors like BlackRock and Grayscale. This “cost war” strategy immediately attracted market interest, supported by Morgan Stanley’s extensive distribution network managing trillions of dollars in assets.

On the first day, MSBT successfully raised around $34 million and became one of the most successful ETF launches. With low fees, a strong reputation, and easy access for traditional investors, MSBT has the potential to become a major new player in the Bitcoin ETF market and promote broader crypto adoption.

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