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🔥Morgan Stanley Bitcoin Spot ETF is listed on the NYSE tonight, making it the first major commercial bank in the U.S. to launch a Bitcoin ETF.
Morgan Stanley Bitcoin ETF (MSBT) officially launched on the NYSE Arca market on the evening of April 8, becoming the first major commercial bank in the U.S. to introduce a Bitcoin ETF. The NYSE has issued a listing notice confirming this. The ETF has a management fee of 0.14%, lower than Grayscale Bitcoin Trust's 0.15% and BlackRock and Fidelity's spot ETFs at 0.25%, making it the lowest in the current market. The initial size is 10k shares, with seed funding of $1 million, and custodians include Coinbase and Bank of New York Mellon. Analysts believe this pricing is competitive and may attract asset migration. Morgan Stanley continues its momentum this year…
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