Morgan Stanley Launches Low-Fee Bitcoin ETF To Rival BlackRock, Grayscale

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Morgan Stanley Investment Management has launched the Morgan Stanley Bitcoin Trust (MSBT), a new exchange-traded product designed to track the performance of Bitcoin, marking its entry into the digital asset space.

Lowest Fee Among Competitors

The product represents the first crypto-focused ETP from a U.S. bank-affiliated asset manager — Morgan Stanley (NYSE:MS) — highlighting rising institutional demand for regulated Bitcoin exposure.

MSBT uses the CoinDesk Bitcoin Benchmark as its pricing reference and offers a 0.14% sponsor fee, undercutting major competitors such …

Full story available on Benzinga.com

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