Morgan Stanley Prepares to Launch Bitcoin ETF on NYSE Arca
- Morgan Stanley targets April 8 for the launch of its Bitcoin ETF on NYSE Arca.
- The ETF will trade under the ticker MSBT and aims to offer a fee lower than Blackrock’s IBIT, which charges 0.25%.
- Anticipated inflows could reach up to $160 billion through Morgan Stanley’s $4 trillion wealth management network.
- Shares can be created and redeemed in large blocks by institutional firms using cash transactions.
Morgan Stanley is set to activate its Bitcoin ETF on April 8, with competitive pricing aimed at attracting institutional capital flows. The product will be listed on NYSE Arca, offering direct exposure to Bitcoin price movements through a trust-based model.
With projections of up to $160 billion in potential inflows, Morgan Stanley’s Bitcoin ETF could significantly impact market dynamics by leveraging its extensive wealth management network. (Source)
