Morgan Stanley's MSBT ETF Challenges BlackRock's IBIT
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Morgan Stanleys new bitcoin ETF, MSBT, is challenging BlackRocks iShares Bitcoin Trust, IBIT, with a lower expense ratio of 0.14% compared to IBITs 0.25%. Backed by Morgan Stanleys vast wealth management resources, MSBT started trading this Tuesday. While IBIT leads with $55 billion in assets and superior liquidity, MSBTs low fee and Morgan Stanleys extensive advisor network could attract client cash, potentially shifting the market dynamics in bitcoin ETFs.
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