Morgan Stanley Launches Low-Fee Bitcoin Investment Product

Morgan Stanley Investment Management has made its entry into the digital asset space with the launch of the Morgan Stanley Bitcoin Trust (MSBT), an exchange-traded product designed to track the performance of Bitcoin.

The MSBT is the first crypto-focused ETP from a U.S. bank-affiliated asset manager, highlighting rising institutional demand for regulated Bitcoin exposure.

The fund uses the CoinDesk Bitcoin Benchmark as its pricing reference and offers a 0.14% sponsor fee, making it one of the lowest-fee products in the market.

The MSBT has partnered with Coinbase for custody and BNY Mellon for administration and recordkeeping, aiming to provide a transparent and institutional-grade investment vehicle.