Morgan Stanley is poised to shake up the spot bitcoin ETF market with a sharply lower fee structure, as new filing details show its upcoming Morgan Stanley Bitcoin Trust (MSBT) will charge just 0.14% annually — undercutting every existing U.S. competitor.
The fee, disclosed in updated trust documents shared by Bloomberg analyst Eric Balchunas, comes in 11 basis points below BlackRock’s flagship iS...
The strongest version of this narrative highlights Morgan Stanley’s strategic pricing as a potential catalyst for broader institutional adoption of bitcoin. By undercutting competitors and leveraging its vast wealth management network, the firm could remove key barriers to ETF adoption, particularly fee sensitivity among advisors. The move aligns with a broader trend of traditional finance embracing crypto assets, with spot bitcoin ETFs already proving popular among retail investors. However, th...