The cheapest bitcoin ETF yet: Morgan Stanley uses 0.14% fee to draw $100 million in first week
Burns Brief
Morgan Stanley’s new MSBT fund has quickly attracted over $100 million by offering the market's lowest fees, sparking a fresh wave of competition from rivals like Goldman Sachs Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch $BTC for reaction — a decisive move above or below key levels will confirm the next trend.
Morgan Stanley’s new MSBT fund has quickly attracted over $100 million by offering the market's lowest fees, sparking a fresh wave of competition from rivals like Goldman Sachs.
Key Takeaways
- Morgan Stanley’s new MSBT fund has quickly attracted over $100 million by offering the market's lowest fees, sparking a fresh wave of competition from rivals like Goldman Sachs