Morgan Stanley just pulled off its most successful ETF launch in the firm's history
MSBT crossed $100M+ in net inflows in its first six trading days since going live on April 8th.
Key Factors
→ It's the cheapest spot BTC ETF on the market. At 0.14%, MSBT undercuts BlackRock's IBIT (0.25%) and resets the fee benchmark for institutional Bitcoin exposure.
→ It's the first spot BTC ETF issued by a major US bank
→ Distribution is the real story here. Every financial advisor at Morgan Stanley is now armed with a cheap, in-house bitcoin wrapper to put in front of clients
Bitcoin is being absorbed into the traditional financial system faster than most people realize
this product has set a new record for one of the world's largest banks, and it's a bitcoin product. the times they are a changin
byu/21Bullish inBitcoin
Posted by 21Bullish
3 Comments
When will the price reflect these good news
After q2 next year
The bigger story isn’t even the first-week inflow number, it’s distribution
Once a major bank puts a low-fee BTC product directly in front of its advisor network, Bitcoin stops being a niche trade and starts becoming part of the default allocation menu
That shift matters more than most people realize