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 …