Bitcoin News: Morgan Stanley Just Launched the Cheapest Bitcoin ETF on the Market

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Stanley’s 16,000 financial advisors have been recommending Bitcoin ETFs since 2024 and can now direct clients into MSBT instead of sending money to competitors like BlackRock or Fidelity.The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE.Morgan Stanley once called Bitcoin (CRYPTO: BTC) worthless. In 2017, the bank's analysts published a research note arguing that Bitcoin's true value could be zero. Nine years later, Morgan Stanley has launched its own spot Bitcoin ETF, making it the first major U.S. bank to issue one under its own name.The fund trades under the ticker MSBT and charges 0.14% per year, which is less than any other spot Bitcoin ETF on the market, including BlackRock's IBIT at 0.25%. Morgan Stanley also has around 16,000 financial advisors who can now direct clients straight into MSBT when they want Bitcoin exposure. Its distribution network is what makes this launch different from every other Bitcoin ETF that came before it.READ: The analyst who called NVIDIA in 2010 just named his top 10 AI stocksAndrew Angelov / Shutterstock.comMorgan Stanley’s MSBT pulled in around $34 million in net inflows on its first day of trading, with over 1.6 million shares changing hands. The fund purchased 430 BTC on day one, and Bloomberg ETF analyst Eric Balchunas said the debut put MSBT in the top 1% of all ETF launches over the past year. Most new ETFs average $1 million or less on their first day, so $34 million is a strong opening for a product entering a market that BlackRock has dominated since early 2024.Bitcoin ETFs had just posted their first positive monthly inflows of 2026 in March, pulling in $1.32 billion after four straight months of outflows. The turnaround gave MSBT a tailwind on launch day, and its 0.14% fee makes it cheaper than every other spot Bitcoin ETF available right now.Bitcoin ETFTickerAnnual FeeMorgan Stanley Bitcoin TrustMSBT0.14%Grayscale Bitcoin Mini TrustBTC0.15%Bitwise Bitcoin ETFBITB0.20%ARK 21Shares Bitcoin ETFARKB0.21%BlackRock iShares Bitcoin TrustIBIT0.25%Fidelity Wise Origin Bitcoin FundFBTC0.25%For most people buying Bitcoin through a brokerage, the fee difference between MSBT and IBIT is barely noticeable. On a $10,000 position, for example, it works out to about $11 per year. But for wealth management clients allocating six or seven figures, those savings add up over time.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoTrending tickersBTC-USD Bitcoin USD 70,870.63 -865.25 (-1.21%)CL=F Crude Oil May 26 104.51 +7.94 (+8.22%)NQ=F Nasdaq 100 Jun 26 25,071.00 -210.25 (-0.83%)XOM Exxon Mobil Corporation 152.51 -2.53 (-1.63%)ETH-USD Ethereum USD 2,190.16 -27.88 (-1.26%)PortfolioSign in to access your portfolioSign inTop gainersOGN Organon & Co. 8.83 +1.92 (+27.79%)XNDU Xanadu Quantum Technologies Limited 8.96 +1.31 (+17.12%)ALAB Astera Labs, Inc. 149.05 +19.59 (+15.13%)MANE Veradermics, Incorporated 68.80 +8.82 (+14.70%)TTMI TTM Technologies, Inc. 121.49 +13.96 (+12.98%)Top losersFSLY Fastly, Inc. 23.07 -6.39 (-21.69%)AKAM Akamai Technologies, Inc. 91.35 -18.26 (-16.66%)FICO Fair Isaac Corporation 922.37 -149.98 (-13.99%)SEZL Sezzle Inc. 59.71 -9.42 (-13.62%)NET Cloudflare, Inc. 166.99 -26.06 (-13.50%)Most activeNVDA NVIDIA Corporation 188.63 +4.69 (+2.55%)PLTR Palantir Technologies Inc. 128.06 -2.48 (-1.90%)HOLX Hologic, Inc. 76.01 +76.01 (0.00%)INTC Intel Corporation 62.38 +0.66 (+1.07%)CRWV CoreWeave, Inc. 102.00 +10.00 (+10.87%)Top economic eventsEarnings eventsMy earnings eventsEarnings events