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Home/Markets & Investing/BITCOIN ETF · VANGUARD

Morgan Stanley's Bitcoin ETF enters the market with a $7 billion first-year projection

ED

Ellis Donovan

Bitcoin ETF · Apr 10, 2026

Morgan Stanley's Bitcoin ETF enters the market with a $7 billion first-year projection

Source: The Digital Ledger Data Terminal

Investors may shift assets from existing cryptocurrency ETFs to Morgan Stanley's new spot Bitcoin ETF due to its lower fees. This shift, and the new capital from investors who had been waiting for a traditional financial institution to offer the product, is expected to drive significant inflows. Ric Edelman, founder of the Digital Assets Council of Financial Professionals, projects the fund will attract $7 billion in its first year.

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This forecast is based on the first day of trading on Wednesday, which saw inflows between $33 million and $34 million. Morgan Stanley is the first Wall Street bank to offer Bitcoin exposure to its clients, leveraging its network of 16,000 financial advisers who manage approximately $6.2 trillion in assets. By launching an in-house branded product rather than listing competitors' funds, the firm has shifted the legitimacy of Bitcoin investment products.

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Bitcoin ETFVanguardHSA eligibility IRS rulingSECURE 2.0 IRS guidancestablecoin US legislationcrypto IRS ruling

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