Morgan Stanley Bitcoin ETF records cumulative net inflows of $190 million in first month of listing

According to SoSoValue monitoring, Morgan Stanley Bitcoin Trust (MSBT) has not recorded a single day of net outflows during its first trading month since its listing on April 8. As of May 7, the fund's cumulative net inflows reached $193.6 million, with net assets totaling $239.6 million. Amid significant volatility in the overall Bitcoin spot ETF market, which has seen net outflows of hundreds of millions of dollars on multiple occasions, the fund maintained 17 consecutive trading days of positive or zero net inflows.

Currently, the fund's management fee is 0.14%, the lowest among U.S. spot Bitcoin ETFs. Amy Oldenburg, Head of Digital Assets at Morgan Stanley, stated that initial capital primarily came from client-initiated subscriptions, as the advisory channel has not yet been fully opened.