{"id":913804,"date":"2026-06-18T18:15:51","date_gmt":"2026-06-18T23:15:51","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/06\/18\/the-cheapest-bitcoin-etf-yet-morgan-stanley-uses-0-14-fee-to-draw-100-million-in-first-week\/"},"modified":"2026-06-18T18:15:51","modified_gmt":"2026-06-18T23:15:51","slug":"the-cheapest-bitcoin-etf-yet-morgan-stanley-uses-0-14-fee-to-draw-100-million-in-first-week","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/06\/18\/the-cheapest-bitcoin-etf-yet-morgan-stanley-uses-0-14-fee-to-draw-100-million-in-first-week\/","title":{"rendered":"The cheapest bitcoin ETF yet: Morgan Stanley uses 0.14% fee to draw $100 million in first week"},"content":{"rendered":"<p>Bitcoins <\/p>\n<div data-theme=\"light\" data-module-name=\"page\" data-module-version=\"1.0.0\" data-module-instance=\"default\" id=\"content\">\n<div data-module-name=\"article-header\" data-module-version=\"1.0.0\" data-module-instance=\"default\">\n<h2>Bitcoins Morgan Stanley\u2019s new MSBT fund has quickly attracted over $100 million by offering the market&#8217;s lowest fees, sparking a fresh wave of competition from rivals like Goldman Sachs.<\/h2>\n<\/div>\n<div>\n<figure><img loading=\"lazy\" title=\"bitcoins\" alt=\"bitcoins Morgan Stanley offices (Sven Piper\/Unsplash)\" width=\"1920\" height=\"1080\" decoding=\"async\" data-nimg=\"1\"   src=\"http:\/\/www.coindesk.com\/_next\/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fproduction%2F7bda05f218a0e908b37639579d1962cdf9fe311f-1920x1280.jpg%3Fauto%3Dformat&#038;w=3840&#038;q=75\"><\/figure>\n<\/div>\n<div>\n<div id=\"se-_R_4lqanpfiupanivb_\">\n<ul>\n<li>Morgan Stanley\u2019s new spot bitcoin ETF, MSBT, has attracted more than $100 million in its first week, making it the firm\u2019s most successful ETF launch to date.<\/li>\n<li>With a 0.14% expense ratio, MSBT is the cheapest spot bitcoin ETF and benefits from Morgan Stanley\u2019s vast wealth management network, though it remains far smaller than BlackRock\u2019s $53 billion IBIT fund.<\/li>\n<li>Goldman Sachs\u2019s filing for a Bitcoin Premium Income ETF and BlackRock\u2019s work on similar income-focused products highlight a broader shift as major Wall Street firms race to offer more structured bitcoin investments.<\/li>\n<\/ul>\n<\/div>\n<div>\n<p>Morgan Stanley\u2019s (MS) spot bitcoin exchange-traded fund (ETF), trading under the ticker MSBT, has drawn more than $100 million in inflows within its first week on the market, signaling strong early demand for the bank\u2019s latest push into digital assets.<\/p>\n<p>The fund, which began trading on April 8, tracks the CoinDesk Bitcoin Benchmark 4 PM New York Settlement Rate and charges a 0.14% expense ratio. That makes it the cheapest product in the category, giving it a pricing edge as competition among issuers intensifies.<\/p>\n<p>Still, cost is only part of the story. MSBT enters the market with a built-in distribution advantage through Morgan Stanley\u2019s vast wealth management business, which oversees trillions of dollars in client assets. The firm\u2019s network of financial advisors provides a direct channel to investors who may prefer gaining exposure to bitcoin <span data-submodule-name=\"price-chip\" data-submodule-version=\"1.0.0\" data-submodule-instance=\"default\"><a href=\"http:\/\/www.coindesk.com\/price\/bitcoin\"><span><span><span>BTC<\/span><span><svg fill=\"none\" height=\"24\" viewBox=\"0 0 24 24\" width=\"24\"><path d=\"M15.79 11.71L13.2 14.3C12.81 14.69 12.18 14.69 11.79 14.3L9.19995 11.71C8.56995 11.08 9.00995 10 9.89995 10H15.09C15.98 10 16.42 11.08 15.79 11.71Z\" fill=\"var(--text-neg)\" \/><\/svg><\/span><span>$62,736.73<\/span><\/span><\/span><\/a><\/span> through managed portfolios rather than trading on crypto-native platforms.<\/p>\n<p>That reach could prove critical as the spot bitcoin ETF market matures. While MSBT\u2019s early inflows are notable, the fund remains far smaller than BlackRock\u2019s iShares Bitcoin Trust (IBIT), which has amassed more than $53 billion in assets since launching in January 2024 and dominates the category.<\/p>\n<\/div>\n<\/div>\n<div>\n<p>Morgan Stanley\u2019s head of digital assets, Amy Oldenburg, said  MSBT has already become the firm\u2019s most successful ETF launch in an <a href=\"https:\/\/www.bloomberg.com\/news\/videos\/2026-04-09\/bitcoin-etf-our-best-ever-launch-morgan-stanley-video\" target=\"_blank\" rel=\"noopener noreferrer\">interview with Bloomberg<\/a>.<\/p>\n<p><a href=\"http:\/\/www.coindesk.com\/markets\/2026\/04\/08\/morgan-stanley-s-bitcoin-etf-opens-today-giving-blackrock-s-usd55-billion-ibit-fund-its-toughest-rival-yet\">Some analysts expect<\/a> Morgan Stanley\u2019s product to pull assets from existing funds like IBIT, particularly among clients already within its advisory ecosystem. At the same time, the firm\u2019s entry may help expand the overall market by bringing in new investors.<\/p>\n<h2>Bitcoins Goldman filing signals broader Wall Street shift<\/h2>\n<p>Morgan Stanley\u2019s move is already prompting responses from peers. Earlier this week, Goldman Sachs <a href=\"http:\/\/www.coindesk.com\/business\/2026\/04\/14\/goldman-sachs-files-for-bitcoin-income-etf-in-crypto-push\">filed for a Bitcoin Premium Income ETF<\/a>, marking one of its first direct entries into the crypto investment space. The proposed fund would use options strategies to generate income, reflecting a growing trend toward packaging bitcoin into products that produce steady cash flow rather than relying solely on price gains.<\/p>\n<p>BlackRock is also preparing a similar income-focused ETF, underscoring how competition is moving beyond simple spot exposure into more structured offerings.<\/p>\n<p>\u201cThe significance of Goldman\u2019s filing is that yet another blue-blooded, old guard financial institution is acknowledging it can no longer ignore bitcoin,\u201d Nate Geraci, president of NovaDius Wealth Management, said. \u201cWith Morgan Stanley\u2019s recent entry into spot bitcoin ETFs, it\u2019s becoming clear that other legacy Wall Street firms are realizing they can\u2019t just stand pat. I wouldn\u2019t be surprised to see firms like JPMorgan soon follow suit.\u201d<\/p>\n<\/div>\n<div>\n<p>As inflows build and new products list, Wall Street\u2019s role in shaping how investors access bitcoin appears to be expanding quickly.<\/p>\n<\/div>\n<\/div>\n<p> Helene Braun <a href=\"https:\/\/www.coindesk.com\/markets\/2026\/04\/16\/morgan-stanley-s-bitcoin-etf-reaches-usd100m-in-first-week-marking-the-bank-s-strongest-launch\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Morgan Stanley\u2019s new MSBT fund has quickly attracted over $100 million by offering the market&#8217;s lowest fees, sparking a fresh wave of competition from rivals like Goldman Sachs. Morgan Stanley\u2019s new spot bitcoin ETF, MSBT, has attracted more than $100 million in its first week, making it the firm\u2019s most successful ETF launch to date.<\/p>\n","protected":false},"author":1,"featured_media":913805,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4041,1274],"tags":[11476],"class_list":["post-913804","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","category-cheapest","tag-bitcoins"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/913804","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=913804"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/913804\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/913805"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=913804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=913804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=913804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}