Bitcoin ETF Launches Fee War
Morgan Stanley launches MSBT with a 0.14% fee, undercutting Blackrock’s IBIT and intensifying the bitcoin ETF fee war. Analyst warns of squeezed issuer margins but increased investor access. #Update #Crypto
Morgan Stanley launches MSBT with a 0.14% fee, undercutting Blackrock’s IBIT and intensifying the bitcoin ETF fee war. Analyst warns of squeezed issuer margins but increased investor access. #Update #Crypto
Morgan Stanley’s MSBT debuts with $30.6M inflow, yet Bitcoin ETFs see $93.9M outflow amid uneven demand; Blackrock IBIT gains $40.38M, while Fidelity FBTC loses $79.12M. #Update #Crypto
@MorganStanley launches its Bitcoin ETF, the Morgan Stanley Bitcoin Trust (MSBT), with a 0.14% fee, targeting high-net-worth clients amid rising demand for crypto assets. #Update #Crypto $BTC
Morgan Stanley’s Mike Wilson indicates a market bottom for U.S. equities may be confirmed with reduced investor exposure in crowded trades, while suggesting sectors like financials and consumer discretionary are poised for growth. #Update #Crypto $BTC (+5) ↗
Morgan Stanley’s Bitcoin ETF, ticker MSBT, launches April 8 on NYSE Arca, undercutting Blackrock’s fee. Strategy Inc. CEO anticipates $160B inflows via Morgan Stanley’s network. #Update #Crypto $BTC
Economists at @MorganStanley indicate rising oil prices and inflation may delay Federal Reserve rate cuts, pushing expectations to September and December. This could impact U.S. Treasury performance positively. #Update #Crypto $USDT
Morgan Stanley’s Bitcoin ETF, with ticker $MSBT, is poised for launch soon, featuring a low fee of 0.14%, undercutting BlackRock’s 0.25% charge. #Update #Crypto $BTC
Morgan Stanley is set to expand Bitcoin liquidity with a new BTC ETF option, potentially increasing institutional adoption. #Update #Crypto $BTC
@Citigroup plans to launch institutional bitcoin custody later this year, integrating it into traditional banking systems amid strong client demand for familiar crypto exposure. #Update #Crypto $BTC
Three companies, including @PrevalonEnergy and @AnchorageDigital, added Strategy’s Stretch (STRC) to their treasuries as it returns to $100 par value. Bitcoin trades above $68,000. #Update #Crypto $BTC
Billionaire Stanley Druckenmiller’s Duquesne Family Office bought 4,619 shares of MercadoLibre (MELI) for $11.09 million, continuing a $101 million investment spree in high-growth tech stocks. MELI is rated as a buy by major banks. #Update #Crypto $MELI
Morgan Stanley’s Mike Wilson warns that weak job data may prompt the Federal Reserve to cut rates, potentially creating an asset bubble as S&P earnings grow nearly 10% #Update #Crypto $BTC
Morgan Stanley will allow all wealth management clients to invest in cryptocurrencies starting next week, broadening access beyond high-net-worth individuals, signaling a shift in Wall Street’s approach to digital assets. #Update #Crypto $BTC $ETH
@MorganStanley plans to offer crypto trading on its E-Trade platform by 2026, influenced by President Donald Trump’s pro-crypto actions. #Update #Crypto (+7) ↗