Morgan Stanley's Bitcoin ETF launches as the cheapest spot Bitcoin fund
SD
Silas Drummond
Bitcoin ETF · Apr 12, 2026
Source: DojiDoji Data Terminal
Wealth-management accounts now have a cheaper route to bitcoin exposure through the Morgan Stanley Bitcoin Trust (MSBT). The fund charges an annual fee of 0.14%, undercutting BlackRock's IBIT, which charges 0.25%.
This pricing strategy is designed to capture larger portfolios where annual savings accumulate. The launch follows a period of recovery in the bitcoin ETF market, which saw $1.32 billion in positive monthly inflows in March 2026.
Morgan Stanley's 16,000 financial advisors can now channel client interest into a product carrying the firm's own name, rather than directing capital to competitors. On its first day, MSBT pulled in $34 million and bought 430 BTC.
This first-day volume exceeds the average of $1 million or less for most new ETFs.
Bitcoin ETF
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