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Morgan Stanley enters bitcoin ETF race with market-leading low fee
Morgan Stanley aims to capture market share by pricing its spot bitcoin ETF at 0.14%, below rivals, leveraging its 16,000 advisors managing $6.2 trillion in assets.
- On Friday, Morgan Stanley filed an amended S-1 with the Securities and Exchange Commission , proposing a 0.14% management fee for its Morgan Stanley Bitcoin Trust .
- Larger funds like BlackRock's iShares Bitcoin Trust currently charge 25 basis points, while Grayscale's Bitcoin Mini Trust ETF holds the market's lowest fee at 0.15% expense ratio.
- Morgan Stanley oversees roughly 16,000 financial advisors managing $6.2 trillion in client assets, allowing advisers to shift client holdings between spot Bitcoin ETFs with a single trade to minimize costs.
- The New York Stock Exchange issued a listing notice for MSBT, signaling the product could begin trading quickly if approved and positioning it as the first spot Bitcoin ETF issued directly by a major U.S. bank.
- Lower-Cost products typically attract inflows while higher-fee funds see assets drift out, as illustrated by Grayscale's Bitcoin Trust , which fell to about $10 billion from $29 billion at its January 2024 launch.
23 Articles
23 Articles
Morgan Stanley Prices Its Bitcoin ETF at 0.14%, Undercutting Every Rival in the Market
Morgan Stanley filed an updated S-1 registration statement on Friday setting the management fee for its spot bitcoin ETF at 0.14%, which would make the Morgan Stanley Bitcoin Trust (MSBT) the cheapest spot bitcoin fund in the United States if regulators approve it. The fee undercuts Grayscale’s Bitcoin Mini Trust by one basis point and sits 11 basis points below BlackRock’s iShares Bitcoin Trust (IBIT), currently the market’s dominant product. B…
Morgan Stanley’s Bitcoin ETF Set to Rival BlackRock’s IBIT With Industry-Lowest Fees
The Morgan Stanley Bitcoin ETF (MSBT) will boast the lowest fees among the BTC ETFs, except Van Eck’s fund, which has a fee waiver, when it launches. Bloomberg analyst Eric Balchunas described the low fees as a smart move as the bank looks to rival BlackRock’s IBIT, which is the largest Bitcoin ETFs. Morgan Stanley The post Morgan Stanley’s Bitcoin ETF Set to Rival BlackRock’s IBIT With Industry-Lowest Fees appeared first on CoinGape.
Bitcoin.com
Cryptocurrency News | Cryptocurrency Prices | Market CapMorgan Stanley Eyes Dominance in Bitcoin ETFs as Its Low Fee Undercuts Blackrock’s IBIT
Morgan Stanley’s low-fee bitcoin ETF filing challenges Blackrock’s dominance and signals intensifying price competition, with adviser-driven distribution poised to influence flows and reshape the balance of power among spot ETF issuers. Morgan Stanley Undercuts Blackrock With Low-Fee Bitcoin ETF Filing A shift in bitcoin exchange-traded funds (ETFs) pricing is emerging after Morgan Stanley filed Amendment […]
Morgan Stanley Files Ultra-Low Fee Bitcoin ETF, Intensifying Wall Street Battle
Key Highlights • Morgan Stanley files a Bitcoin ETF with a 0.14% fee, undercutting all major competitors • The move signals rising institutional competition as Wall Street accelerates crypto integration Yello Paradisers! When the biggest banks start competing on Bitcoin fees instead of ignoring it, what exactly does that tell you about cryptocurrency? Morgan Stanley has filed to launch a spot Bitcoin ETF, introducing one of the most aggressively…
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