MSBT Challenges IBIT with 0.14% Fees as Bitcoin Hits $75,191

Morgan Stanley’s MSBT spot Bitcoin ETF is hailed across analyses as the top 2026 pick, boasting a 0.14% expense ratio that undercuts BlackRock’s IBIT at 0.25% and drives strong investor interest. IBIT dominates with $55 billion AUM versus $13 billion for the nearest rival, but MSBT’s pure spot exposure and fee compression—some ETFs now at 0.19%—signal shifting market share toward cheaper products. Multiple articles on April 20 highlight easier retail access to Bitcoin’s $75,191 price and note Goldman Sachs’ pending options-based Bitcoin Premium Income ETF as a future differentiator.