Morgan Stanley to Launch Lowest-Cost Spot Bitcoin ETF in April

Morgan Stanley is preparing to launch its spot Bitcoin ETF, MSBT, in April with a highly competitive fee of 14 basis points. Bitcoin's price held steady at $67,900 on April 1 after a surge in ETF inflows during late March successfully prevented a technical breakdown. This reversal in fund flows allowed the cryptocurrency to avoid a third consecutive technical breakdown on the 8-hour chart. However, despite the price rescue, new reports suggest a deeper underlying demand problem persists within the United States market. BlackRock noted that institutional investors still favor long-term holding strategies regardless of these short-term price fluctuations. Morgan Stanley’s aggressive pricing aims to capture institutional interest as the digital asset landscape stabilizes amid shifting global dynamics.