MSBT attracted $194 million in net inflows while rivals like BlackRock and Fidelity saw capital exit amid BTC’s $70,000-$80,000 range.
Morgan Stanley’s spot Bitcoin ETF, MSBT, completed its first 30 trading days without a single outflow, amassing $194 million in net inflows. The fund, launched April 8 on NYSE Arca, recorded 17 inflow days and five flat sessions, growing its asset base to over $240 million.
Competitors including BlackRock’s IBIT, Fidelity’s FBTC, and ARK Invest’s ARKB all posted net outflows during the same period. MSBT’s 0.14% fee, the lowest in the category, and Morgan Stanley’s $9 trillion advisor-led distribution network helped drive demand. Bitcoin traded between $70,000 and $80,000 over the stretch.
MSBT’s launch-day deposits totaled $30.6 million, with $34 million in first-day trading volume. The fund now holds nearly 2,920 BTC, contrasting with sector-wide outflows that included a $36.9 million exit from IBIT on May 1.