Morgan Stanley launched a new Bitcoin ETF priced at just 0.14% in annual fees — the cheapest from a major Wall Street firm to date. The fund attracted $100 million in inflows within its first week of trading. The launch signals Morgan Stanley is building full-stack crypto capabilities, covering both direct coin holdings and ETF wrappers for different client needs.
Fee competition in Bitcoin ETFs is accelerating, which is structurally good for investors — cheaper funds mean more of your return stays in your pocket. A 0.14% fee puts pressure on rivals like BlackRock's IBIT (0.25%) and Fidelity's FBTC (0.25%) to respond. Strong first-week inflows also suggest institutional and wealth-management demand for Bitcoin exposure remains robust, which is a positive signal for BTC price support.
Ongoing: Watch for fee cuts or responses from BlackRock (IBIT) and Fidelity (FBTC). Weekly: Thursday ETF flow data from Bloomberg/CoinShares showing whether momentum holds beyond week one.
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