Morgan Stanley Advances Bitcoin ETF Application, Second Amendment to S-1 Filing

CycleProphet · 2026-03-20T02:46:07+00:00

Morgan Stanley has submitted revised documents to the SEC for its Bitcoin spot ETF application, confirming that its Bitcoin trust will be listed on NYSE Arca under the ticker MSBT, with an expected fundraising of about $1 million. If approved, this would make it the first major U.S. bank to directly launch a Bitcoin spot ETF.

CycleProphet

2026-03-20 02:46:07

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Deep Tide TechFlow News, March 20th, reports that Morgan Stanley has submitted a second amended application for a Bitcoin spot ETF to the U.S. SEC, confirming that its Morgan Stanley Bitcoin Trust will be listed on NYSE Arca under the ticker MSBT. The revision includes additional fund details: a basket size of 10,000 shares, an initial seed basket of 50,000 shares, with an estimated fundraising of about $1 million; BNY Mellon will serve as cash custodian and transfer agent, and Coinbase will act as the prime broker. If approved, Morgan Stanley will become the first major U.S. bank to directly issue and sponsor a Bitcoin spot ETF.

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