6h ago
Morgan Stanley'S Msbt Still The Second Smallest Bitcoin Etf
Despite impressive inflows on launch day for @MorganStanley's spot $BTC ETF, it still sits toward the bottom of the 13 available products.
As of close of last week, $MSBT holds $31.22 million worth of Bitcoin, beating out Hashdex, but still below minor competitors like WisdomTree and Franklin Templeton.
Certainly, we need to give the product (which boasts the lowest fees of any Bitcoin ETF) time to flourish.
Indeed, the banking giant shared that $MSBT had the best first day of any ETF it has ever launched...
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