Morgan Stanley's Bitcoin ETF Attracts $100 Million in First Week
Morgan Stanley's new Bitcoin ETF, MSBT, attracted over $100 million in inflows during its first week on the market. The ETF, which tracks the spot price of Bitcoin, has a low expense ratio of 0.14% and benefits from Morgan Stanley's wealth management network. However, it remains significantly smaller than BlackRock's iShares Bitcoin Trust.
Topics: Bitcoin ETF Cryptocurrency ETF Inflows Investment Products Morgan Stanley