The bank’s Bitcoin trust amassed $239.6 million in net assets over its first month, marking its strongest ETF debut.
Morgan Stanley’s Bitcoin Trust (MSBT) recorded $193.6 million in cumulative net inflows and $239.6 million in net assets from April 8 to May 7. The fund saw inflows on 17 of its first 22 trading days, with no net outflows reported.
The trust launched with $30.6 million in first-day inflows and approximately $34 million in trading volume, outperforming the bank’s prior ETF debuts. Analysts noted the strong demand amid growing institutional interest in digital assets.
Market participants view the inflows as a sign of rising acceptance of Bitcoin-related products among traditional financial institutions.