Morgan Stanley Launches Bitcoin Trust ETP Expanding Digital Asset Capabilities

Morgan Stanley Investment Management has made a significant move in the digital asset space with the launch of the Morgan Stanley Bitcoin Trust (MSBT). The exchange-traded product is designed to track the performance of Bitcoin, providing investors with a regulated and transparent way to gain exposure to digital assets.

The trust marks a milestone for the firm, making it one of the first U.S. bank-affiliated asset managers to introduce a cryptocurrency ETP. This move reflects Morgan Stanley's strategy to expand its digital asset capabilities and meet growing client demand for emerging asset classes.

MSBT uses the CoinDesk Bitcoin Benchmark to track Bitcoin's performance, offering investors a low-cost option with a sponsor fee of 0.14%. The fund builds on Morgan Stanley's investment in digital asset infrastructure, including advancements in custody, trading, and product development.