Morgan Stanley MSBT Bitcoin ETF Launch Marks Growing Trend in Bank-Backed Exchange-Traded Funds

Morgan Stanley's entry into the digital asset market has taken a significant step forward with the launch of its MSBT Bitcoin ETF on the NYSE.

The fund, which started trading on April 8, 2026, has already generated over $100 million in revenue within its first week of listing.

Despite this impressive figure, the Morgan Stanley stock price has declined by 2.24%, reaching a value of $187.32 per share.

The MSBT fund is notable for being one of the most affordable products currently available on the market, with a cost ratio of 0.14%.

This advantage, combined with Morgan Stanley's extensive wealth management business, which manages trillions of dollars in assets, positions the company to maintain a competitive edge in the market.

The growing trend of bank-backed bitcoin exchange-traded funds is expected to continue as more institutions join the fray, bringing traditional finance and crypto assets together for regulated and convenient access.