The Morgan Stanley Bitcoin Trust will be the cheapest Bitcoin ETF on the market at an ultra-low 0.14% fee.
Morgan Stanley’s Bitcoin exchange-traded fund is set to debut on the NYSE Arca stock exchange on Wednesday, making it the first major commercial bank to offer a Bitcoin ETF in the US.
The launch of the Morgan Stanley Bitcoin Trust (MSBT) on April 8 was confirmed in a listing notice by the New York Stock Exchange on Tuesday.
It would make MSBT the first spot Bitcoin (BTC) ETF product to enter the market in nearly two years, since crypto asset manager Grayscale introduced its Bitcoin Mini Trust ETF in July 2024.
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