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Morgan Stanley Bitcoin Trust Attracts $194M in First Month Without Single Net Outflow

GateNews
bitcoin news
BTC-0.79%

Morgan Stanley’s spot Bitcoin ETF, Morgan Stanley Bitcoin Trust (MSBT), attracted $194 million in net inflows during its first month of trading without experiencing a single net outflow, according to Bloomberg analyst Eric Balchunas and data platform SoSoValue. MSBT launched on April 8, achieving $34 million in trading volume on its first day with net inflows of $30.6 million, a performance ranked in the top 1% of all ETF launches.

The fund’s annual sponsorship fee of 0.14% is the lowest among U.S. spot Bitcoin ETFs, lower than Grayscale Bitcoin Mini Trust’s 0.15%. On May 7, MSBT recorded inflows of $5.7 million, while competing funds experienced significant outflows.

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In-Depth Analysis

Morgan Stanley Bitcoin ETF Absorbs $194M With No Daily Outflows

Crypto Frontier05-11 10:44

Morgan Stanley BTC ETF MSBT pulled in $194 million in its first month, with net outflows on zero days

ChainNewsAbmedia05-11 01:47

Morgan Stanley Bitcoin ETF had net inflows of $193.6 million in its first month, with no single-day net outflows since listing.

Market Whisper05-11 01:46
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