On April 8, Morgan Stanley’s spot Bitcoin ETF product debuted with a fee of 0.14%, which was one basis point lower than Grayscale’s Bitcoin Mini Trust ETF (BTC).
The amount has already surpassed the entire net inflow of $86 million that WisdomTree Bitcoin Fund (WBTC) had been gathering from its start in January 2024.
Despite only being available for trading for a little over a week, Morgan Stanley’s new spot Bitcoin ETF has already received more capital than WisdomTree Bitcoin Fund (WBTC) in net inflows. Wednesday saw a net inflow of $19.3 million to the Morgan Stanley Bitcoin Trust (MSBT), raising the total to $103 million.
Farside Investors data reveals that the amount has already surpassed the entire net inflow of $86 million that WisdomTree Bitcoin Fund (WBTC) had been gathering from its start in January 2024.
Terrific Start to the Race
The Bitcoin ETF market is expanding, and more and more asset managers are considering entering it. Former crypto naysayer Go
We współpracy z: https://thenewscrypto.com/morgan-stanleys-bitcoin-etf-outpaces-wisdomtree-in-record-time/