Morgan Stanley's Bitcoin Spot ETF will be listed on the NYSE tonight, making it the first major commercial bank in the United States to launch a Bitcoin ETF.

MarsBitNews · 2026-04-08T06:00:10+00:00

Morgan Stanley Bitcoin ETF (MSBT) will be listed on the New York Stock Exchange on April 8, becoming the first major commercial bank to launch a Bitcoin ETF. The ETF has an expense ratio of 0.14%, lower than other competitors. Analysts believe this move could attract asset migration and meet market demand for Bitcoin.

MarsBitNews

2026-04-08 06:00:10

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Mars Finance News. On April 8, Morgan Stanley’s Bitcoin ETF (MSBT) will be officially listed tonight on the NYSE Arca market, becoming the first major commercial bank in the United States to offer a Bitcoin ETF. The New York Stock Exchange issued a listing notice on Tuesday, confirming that MSBT will be listed on April 8. Morgan Stanley’s spot Bitcoin ETF has a management fee rate of 0.14%, which is lower than Grayscale’s Bitcoin Mini Trust fee rate of 0.15%, making it the lowest level in the current market. It is also 11 basis points lower than the 0.25% fee rates of spot ETFs from BlackRock and Fidelity. The ETF’s initial size is 10k shares, with seed investment funding of $1 million. The custodians include Coinbase and The Bank of New York Mellon. Analysts believe this pricing is smart and competitive, and is expected to attract asset migration; previously, similar fee-rate differentials have led to a significant outflow of Grayscale’s Bitcoin Trust assets to competing products. MSBT’s launch is one of Morgan Stanley’s major moves this year to build out the crypto market. In February this year, the firm applied for a national trust bank charter to provide customers with crypto asset custody, buy-sell swaps, and staking services; in January of the same year, it also applied to list an Ethereum staking ETF and a Solana ETF. Bitwise adviser Jeff Park said that Morgan Stanley’s launch of a Bitcoin ETF is positive for Bitcoin, and there is still a large amount of demand in the market that remains unmet. The market size is far beyond what crypto professionals had expected, especially in attracting new customers. Despite the fact that IBIT has already become the fastest ETF in history to reach $80 billion in AUM, Morgan Stanley still believes there is a great deal of genuine demand in the market that remains unmet. This sends a strong signal: we are still in an extremely early stage.

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