Morgan Stanley's Bitcoin ETF Makes Strong Debut with Record-Breaking Trading Volume

Morgan Stanley's entry into the spot Bitcoin ETF market has been met with significant interest, as its newly launched Morgan Stanley Bitcoin Trust (MSBT) debuted on NYSE Arca with $34 million in first-day trading volume.

This achievement places MSBT among the top 1% of ETF launches, highlighting the sustained institutional demand for crypto exposure. The debut also contributed to a total daily trading volume across all U.S. spot Bitcoin ETFs reaching $2.4 billion.

The launch of MSBT has set a new standard in the industry with its low expense ratio of 0.14%, undercutting competitors such as BlackRock, whose rival product carries a 0.25% fee. This pricing strategy signals an intensifying fee war among issuers competing for market share in the rapidly expanding Bitcoin ETF segment.