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GateUser-1032e731

6h ago

#GateSquareAprilPostingChallenge Morgan Stanley’s bitcoin ETF draws $34 million on day one
Morgan Stanley’s low-fee bitcoin ETF debuted with strong early trading, signaling demand as competition shifts to cost and distribution.
Morgan Stanley’s new spot bitcoin ETF, trading under the ticker MSBT, launched Tuesday with more than 1.6 million shares traded and about $34 million in inflows.
The fund tracks the CoinDesk Bitcoin Benchmark 4 PM New York Settlement Rate and charges a 0.14 percent expense ratio, making it the cheapest product in its category.
Backed by Morgan Stanley’s vast wealth mana

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GateUser-1032e731

6h ago

Morgan Stanley’s bitcoin ETF draws $34 million on day one
Morgan Stanley’s low-fee bitcoin ETF debuted with strong early trading, signaling demand as competition shifts to cost and distribution.
Morgan Stanley’s new spot bitcoin ETF, trading under the ticker MSBT, launched Tuesday with more than 1.6 million shares traded and about $34 million in inflows.
The fund tracks the CoinDesk Bitcoin Benchmark 4 PM New York Settlement Rate and charges a 0.14 percent expense ratio, making it the cheapest product in its category.
Backed by Morgan Stanley’s vast wealth management network, MSBT could gain t

BTC-0,65%