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Morgan Stanley’s Bitcoin ETF officially begins trading! On its first day, it attracted $34.00 million and showed steady performance
Morgan Stanley’s Bitcoin ETF “MSBT” has officially launched, becoming the first such product issued by a large bank. The management fee is as low as 0.14%. It pulled in $34 million on day one, indicating strong market demand for low fees and adviser-channel distribution. This move marks traditional financial institutions moving fully into the crypto-assets market, with competitive focus shifting to fees, liquidity, and the ability to reach customers.
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