Morgan Stanley's Low-Fee Bitcoin ETF: Wall Street's Crypto Dive
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Morgan Stanley, a Wall Street titan managing $1.9 trillion in assets, is set to launch the twelfth Bitcoin ETF in the U.S. this Wednesday, April 8th, with the ticker symbol MSBT on the NYSE Arca exchange. This ETF stands out with its low fee of 0.14% annually, cheaper than BlackRocks 0.25% and most others. It offers direct Bitcoin exposure without the need for investors to hold the cryptocurrency themselves. This move signifies big banks deeper involvement in crypto, with Morgan Stanley planning spot Solana ETFs and Bitcoin, Ethereum, and Solana trading on E-Trade by mid-2026 through a Zero Hash partnership. Since the initial ETFs launched, theyve attracted over $56 billion in net inflows, making Bitcoin a mainstream play for institutions and stabilizing its price swings. With Morgan Stanley joining the fray, expect more Wall Street money flowing in, linking Bitcoins price movements more closely to traditional market indicators like the VIX fear index.
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