NYSE:MSCapital Markets
Morgan Stanley Bitcoin ETF Launch Tests Crypto Fees And Wealth Strategy
Morgan Stanley (NYSE:MS) has launched MSBT, a spot Bitcoin ETF that it issues directly as a major US bank.
The ETF carries a 0.14% fee, which is lower than many existing spot Bitcoin ETFs in the US market.
The launch expands Morgan Stanley's digital asset offerings, alongside filings for Solana and Ethereum trusts and plans for direct crypto trading.
Morgan Stanley, a large US bank and wealth manager, is moving deeper into digital assets with MSBT, a proprietary spot Bitcoin ETF. For...