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Morgan Stanley's Bitcoin ETF Goes Live Tomorrow

It will be the first BTC ETF launched by a major U.S. commercial bank.
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Apr 7, 20261 min read

Morgan Stanley's spot bitcoin ETF is set to debut on the New York Stock Exchange tomorrow under the ticker symbol MSBT.

What's the Scoop?

  • Banking First: Shares of the Morgan Stanley Bitcoin Trust (MSBT) are scheduled to begin trading on the New York Stock Exchange tomorrow, April 8. It will be the first BTC ETF launched by a major U.S. commercial bank, and will receive day-one distribution across ~16k MS financial advisors overseeing $6.2T in client assets.
  • Reduced Fees: The fund will charge fees of just 14 basis points (0.14%), undercutting BlackRock’s IBIT – the current market leader – by 11 basis points. Similar passive products for equities charge fees ranging from 3 to 10 basis points.

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

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