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

Odaily Planet Daily News According to SoSoValue monitoring, Morgan Stanley Bitcoin Trust (MSBT) has not recorded a single day of net outflows in its first trading month since its listing on April 8. As of May 7, the fund's cumulative net inflow reached $193.6 million, with a net asset scale of $239.6 million. Against the backdrop of volatile overall Bitcoin spot ETF market and multiple net outflows of hundreds of millions of dollars, the fund maintained positive or zero inflows for 17 consecutive trading days.

Currently, the fund's management fee rate is 0.14%, the lowest among US spot Bitcoin ETFs. Morgan Stanley's head of digital assets, Amy Oldenburg, stated that initial funds mainly came from client self-directed subscriptions, and the advisor channel has not yet been fully opened.