Wushuо learned that Morgan Stanley submitted the second revised S-1 filing to the SEC for its Bitcoin ETF application, confirming that Morgan Stanley Bitcoin Trust will be listed on NYSE Arca under the ticker "MSBT", and disclosed that each basket size is 10,000 shares with an initial seed share of 50,000 shares, with an estimated fundraising of approximately 1 million dollars; previously disclosed that BNY Mellon and Coinbase respectively serve as Bitcoin custodian and related functions; this revision indicates progress in the application but does not guarantee approval. If approved, Morgan Stanley could become the first major U.S. bank to directly issue a spot Bitcoin ETF.

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