Morgan Stanley | Crypto

Morgan Stanley launched its spot Bitcoin ETF on Apr. 8 on NYSE Arca, calling MSBT the first cryptocurrency ETP from a US bank-affiliated asset manager and pricing its sponsor fee at 0.14%, the lowest Bitcoin ETP sponsor fee. By Apr. 16, Farside Investors' data showed cumulative net inflows of $116 million across seven trading sessions. […] The post Morgan Stanley’s $116M Bitcoin ETF debut is tiny next to $1.9T, and that’s why Wall Street will notice appeared first on CryptoSlate.

Morgan Stanley’s new MSBT fund has quickly attracted over $100 million by offering the market's lowest fees, sparking a fresh wave of competition from rivals like Goldman Sachs.

The Morgan Stanley Bitcoin Trust is also within striking distance of overtaking three other US spot Bitcoin ETFs that launched in January 2024. Morgan Stanley’s new spot Bitcoin exchange-traded fund has just surpassed the WisdomTree Bitcoin Fund (WBTC) in total net inflows, despite launching just over a week ago.  The Morgan Stanley Bitcoin Trust (MSBT) added $19.3 million of investor inflows on Wednesday, bringing its total net inflow to $103 million. The figure has now passed WisdomTree Bitcoin Fund’s (WBTC) total net inflow of $86 million, which it had been accumulating since launching in January 2024, Farside Investors data shows.  Read more

On April 8, Morgan Stanley’s spot Bitcoin exchange-traded fund began trading on the NYSE Arca under the ticker MSBT, logging 1.6 million shares and roughly $34 million in volume on its highly anticipated first day. The MSBT fund purchased 430 Bitcoin on day one, following $30.6 million in net inflows. Speaking on this performance, Bloomberg […] The post Morgan Stanley’s new Bitcoin ETF puts pressure on BlackRock’s IBIT after debut appeared first on CryptoSlate.

Morgan Stanley’s low-fee bitcoin ETF debuted with strong early trading, signaling demand as competition shifts to cost and distribution.

While BlackRock’s spot bitcoin ETF currently reigns as the liquidity king of crypto, Morgan Stanley’s MSBT will leverage a market-low 0.14% fee and $7 trillion wealth management engine to possibly challenge that dominance.

The Morgan Stanley Bitcoin Trust will be the cheapest Bitcoin ETF on the market at an ultra-low 0.14% fee. Morgan Stanley’s Bitcoin exchange-traded fund is set to debut on the NYSE Arca stock exchange on Wednesday, making it the first major commercial bank to offer a Bitcoin ETF in the US. The launch of the Morgan Stanley Bitcoin Trust (MSBT) on April 8 was confirmed in a listing notice by the New York Stock Exchange on Tuesday. It would make MSBT the first spot Bitcoin (BTC) ETF product to enter the market in nearly two years, since crypto asset manager Grayscale introduced its Bitcoin Mini Trust ETF in July 2024.  Read more

Morgan Stanley is joining the Bitcoin ETF party late, but Bloomberg's Eric Balchunas says the investment bank isn't showing up empty-handed.

Bloomberg ETF analyst Eric Balchunas said Morgan Stanley’s 16,000 financial advisors, who manage $6.2 trillion in client assets, would have no problem recommending the product at such low fees. Investment bank Morgan Stanley is seeking to launch its spot Bitcoin exchange-traded fund at a 0.14% fee, which would make it the cheapest in the US market and potentially force rivals to cut fees to stay competitive. The 0.14% fee, proposed in Morgan Stanley’s latest S-1 registration statement on Friday, would be one basis point below the Grayscale Bitcoin Mini Trust ETF (BTC), currently the cheapest in the US market, and 11 basis points below the BlackRock-issued iShares Bitcoin Trust ETF (IBIT). “Big move here. They are not messing around,” Bloomberg ETF analyst James Seyffart said, predicting that the Morgan Stanley Bitcoin Trust (MSBT) is “likely to launch in early April.” Read more

Morgan Stanley’s spot Bitcoin exchange-traded fund (ETF) appears close to launch, giving Wall Street one of its clearest signs yet that a major US bank is ready to put its own name directly on a BTC product. On March 25, the New York Stock Exchange (NYSE) posted a listing notice for the Morgan Stanley Bitcoin […] The post Morgan Stanley’s first bank-issued Bitcoin ETF is “imminent” – will sell BTC directly to clients appeared first on CryptoSlate.

Morgan Stanley’s Amy Oldenburg said banks are expanding into crypto not because of hype, but after years of infrastructure development.

What would Morgan Stanley's involvement in Bitcoin mean for the market? Well, some are saying it's a massive bet.

Morgan Stanley Files Amended S-1 for Bitcoin ETF The post Morgan Stanley Is Making a Move No Major U.S. Bank Has Done Before — Will MSBT ETF Change Bitcoin Forever? appeared first on Cryptonews.

The proposed spot Bitcoin ETF outlines seed capital, listing plans and trading partners in its latest filing as it moves closer to a potential market debut. Morgan Stanley filed a second amended S-1 for its proposed spot Bitcoin exchange-traded fund (ETF), detailing seed capital, trading partners and listing plans as the Wall Street bank moves closer to launching the product under the ticker MSBT. The amended filing says the trust expects to raise $1 million through the sale of 50,000 initial seed shares to its delegated sponsor ahead of listing on NYSE Arca, then use the proceeds to buy Bitcoin (BTC) for the fund. Morgan Stanley said the fund remains subject to regulatory approval before it can begin trading. The filing lists Jane Street, Virtu Americas and Macquarie Capital as authorized participants, allowing them to create or redeem large blocks of shares and profit from the arbitrage between Bitcoin’s price and the ETF’s share price. This keeps the ETF’s price close to the value of Bitcoin. Read more

Morgan Stanley has filed to launch a spot Bitcoin ETF with the ticker MSBT and a $1 million seed at debut.

The Bitcoin miner and data center operator said the financing will support infrastructure tied to high-density computing workloads, including artificial intelligence and HPC. Bitcoin mining and data center company Core Scientific has closed a $500 million loan facility with Morgan Stanley, with the option to expand the financing to as much as $1 billion. According to a company announcement on Thursday, the financing may be used for general corporate purposes tied to building and expanding data center assets, including equipment purchases, real estate acquisition and securing additional power agreements. The company operates large-scale data centers in several US states, including Texas, Georgia and North Carolina, hosting both Bitcoin (BTC) mining equipment and other high-density computing workloads. Read more

Coming as BTC exchange-traded funds flows turn positive, the moves follow the Wall Street bank's applications with the SEC for Bitcoin, Solana, and Ethereum funds. Financial services giant Morgan Stanley selected Bank of New York (BNY) Mellon, a global financial services company, and crypto exchange Coinbase as custodians for its Bitcoin Trust Exchange-Traded Fund (ETF), according to a filing with the US Securities and Exchange Commission (SEC) on Wednesday. The custodians will hold all of the fund’s Bitcoin (BTC) in cold storage, or offline methods of storing Bitcoin private keys, with a “portion” of the BTC moving to hot wallets connected to the internet at times for creation and redemption purposes, according to the SEC filing for Morgan Stanley Bitcoin Trust. The filing said: Morgan Stanley filed SEC applications for spot BTC and SOL (SOL) ETFs in January. Both funds are passive investment vehicles that hold and track the prices of the underlying crypto assets. Read more

BNY to act as administrator, transfer agent and cash custodian for Morgan Stanley’s proposed Bitcoin Trust.

The Wall Street banking giant has been accelerating its foray into crypto, filing to launch Bitcoin, Ether and Solana ETFs in January. Morgan Stanley has applied for a de novo national trust bank charter, allowing the bank to hold digital assets on behalf of its clients — a move in rhythm with its recent crypto expansion.  A public filing with the Office of the Comptroller of the Currency (OCC) shows the application for a bank trust charter was received on Feb. 18 under the name “Morgan Stanley Digital Trust, National Association.”  More details of the business plan were released on Friday, according to reports from Bloomberg and Forbes, revealing that the Morgan Stanley subsidiary will custody certain digital assets and execute purchases, sales, swaps and transfers to support client investment activities, along with crypto staking.  Read more

Bitcoin Price Prediction: Morgan Stanley Is Bringing Bitcoin Inside the Bank — Is Wall Street Going All In? The post Bitcoin Price Prediction: Morgan Stanley Is Bringing Bitcoin Inside the Bank — Is Wall Street Going All In? appeared first on Cryptonews.