Morgan Stanley Enters Bitcoin ETF Market with Low-Fee Offering

Morgan Stanley has made its entry into the bitcoin ETF market with a proposed spot Bitcoin ETF called MSBT, which is expected to have a low management fee of 0.14%. This fee is significantly lower than that of other major players in the market, such as BlackRock's iShares Bitcoin Trust and Grayscale's Bitcoin Mini Trust.

The NYSE listing notice for MSBT suggests that the ETF could launch as soon as early April 2026, pending regulatory approval from the SEC. If approved, this would set a new fee floor and accelerate the shift of Bitcoin exposure into mainstream advisory channels.