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Home/Briefs/cryptocurrency
BriefApril 16, 2026 · 01:15 PM

Morgan Stanley's Bitcoin ETF Lowers the Cost of Bank-Issued BTC Exposure

Investors in the Morgan Stanley Bitcoin Trust ETF (MSBT) pay a 0.14% fee for Bitcoin exposure. This cost structure is part of the first bank-issued spot Bitcoin ETF. The fund purchased $83.6 million worth of BTC during its debut week. As of August 15, the MSBT holds $64.4 million in BTC in on-chain addresses.

Brooks Garrett
CryptocurrencyETFsAsset Management

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