<b>Morgan Stanley Launches First Major US Bank-Sponsored Bitcoin ETF</b>

Morgan Stanley has made history by launching the first major US bank-sponsored Bitcoin ETF, MSBT, on the NYSE Arca exchange. This milestone marks a significant step forward for institutional adoption of cryptocurrencies and provides investors with a regulated way to gain exposure to Bitcoin.

The new product is priced at 14 basis points, making it the cheapest spot Bitcoin ETF available in the market. This development has been met with excitement among investors and financial experts, who see it as a major milestone in the growth of institutional investment in cryptocurrencies.

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