Morgan Stanley's MSBT ETF Grabs $116M Inflows, Tiny vs $1.9T But Sparks Wall Street Interest
Morgan Stanley's spot Bitcoin ETF (MSBT) secured $116 million in net inflows over seven sessions through April 16, dwarfed by the firm's $1.9 trillion AUM but notable for rapid bank-branded traction at a 0.14% fee. Launched April 8 and debuting on NYSE April 16 amid Middle East tensions, it lifted Polymarket odds for Bitcoin at $100K to 38% (from 34%) and $150K to 11%. Trailing leaders like BlackRock's $64.3B IBIT, MSBT could hit $498M in 30 sessions or $1B in 63 if flows persist, normalizing institutional access despite scale hurdles.