Morgan Stanley Undercuts Bitcoin ETF Rivals with 0.14% Fee
AF
Adrian Fletcher
Bitcoin ETF · Apr 17, 2026
Source: DojiDoji Data Terminal
Investors can now acquire spot bitcoin exposure through traditional brokerage accounts without managing private keys or using crypto exchanges. This access is provided by MSBT, a spot bitcoin ETF launched by Morgan Stanley Investment Management. As the first spot bitcoin ETF issued by a major U.S. bank, the fund tracks the market price of BTC through direct holdings.
To compete with established funds like the iShares Bitcoin Trust (IBIT) and Fidelity's Wise Origin Bitcoin Fund (FBTC), Morgan Stanley has priced MSBT with a sponsor fee of 0.14%, undercutting IBIT's 0.25% sponsor fee.
Distribution is driven by a network of 16,000 financial advisors who can offer the product to high-net-worth and institutional portfolios. MSBT surpassed $100 million in assets within six days.