Morgan Stanley’s Bitcoin ETF Outpaces WisdomTree on Low Fees
Investors have moved $103 million into Morgan Stanley's MSBT Bitcoin ETF as of August 15. This total surpasses the cumulative inflows of WisdomTree's Bitcoin ETF, which recorded $86 million since its January 2024 launch. MSBT reached the $100 million mark in six trading days after its August 8 debut. The growth is driven by a 0.14% management fee, which is one basis point lower than the fee for Grayscale's Bitcoin Mini Trust. BlackRock's iShares Bitcoin Trust (IBIT) remains the largest in the sector, with $64.3 billion in cumulative net inflows.
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