Morgan Stanley’s Bitcoin ETF Launch Challenges BlackRock’s $55B Fund with Lower Fees

As an analyst, I’ve been watching the launch of the Morgan Stanley Bitcoin ETF, ticker MSBT. It started trading today with a 0.14% expense ratio, which is slightly lower than the 0.25% charged by the iShares Bitcoin Trust (IBIT). While the difference isn’t huge, in the current Bitcoin ETF landscape, even small price advantages can be really important for attracting investors.



