{"id":70462,"date":"2026-04-10T09:13:09","date_gmt":"2026-04-10T02:13:09","guid":{"rendered":"https:\/\/hbbgroup.net\/bitcoin-etf-era-expands-as-morgan-stanley-debuts-on-nyse\/"},"modified":"2026-04-10T09:13:09","modified_gmt":"2026-04-10T02:13:09","slug":"bitcoin-etf-era-expands-as-morgan-stanley-debuts-on-nyse","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/vi\/bitcoin-etf-era-expands-as-morgan-stanley-debuts-on-nyse\/","title":{"rendered":"Bitcoin ETF Era Expands As Morgan Stanley Debuts On NYSE"},"content":{"rendered":"<div>\n<figure> \t\t\t\t\t\t\t<img fetchpriority=\"high\" width=\"860\" height=\"573\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/04\/a_6b8ae6.jpg?fit=860%2C573&#038;w=860\" alt=\"Bitcoin\" loading=\"eager\" decoding=\"auto\"  >\t\t\t\t\t\t<\/figure>\n<div>\n<div>\n<div>\n<h3>Reason to trust<\/h3>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2024\/04\/logo.png\"><\/p>\n<\/p><\/div>\n<div>\n<div>\n<div>                 <svg width=\"12\" height=\"12\" viewbox=\"0 0 12 12\" fill=\"currentColor\"><path d=\"M10.2492 0.703125L4.75078 7.95234L1.5 4.70391L0 6.20391L4.99922 11.2031L12 2.20312L10.2492 0.703125Z\" \/><\/svg>                        <\/p>\n<p>Strict editorial policy that focuses on accuracy, relevance, and impartiality<\/p>\n<\/p><\/div>\n<div>                 <svg width=\"12\" height=\"12\" viewbox=\"0 0 12 12\" fill=\"currentColor\"><path d=\"M10.2492 0.703125L4.75078 7.95234L1.5 4.70391L0 6.20391L4.99922 11.2031L12 2.20312L10.2492 0.703125Z\" \/><\/svg>                                            <\/p>\n<p>Created by industry experts and meticulously reviewed<\/p>\n<\/p><\/div>\n<div>                 <svg width=\"12\" height=\"12\" viewbox=\"0 0 12 12\" fill=\"currentColor\"><path d=\"M10.2492 0.703125L4.75078 7.95234L1.5 4.70391L0 6.20391L4.99922 11.2031L12 2.20312L10.2492 0.703125Z\" \/><\/svg>                                            <\/p>\n<p>The highest standards in reporting and publishing<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div>\n<div>\n<div>\n<h5>How Our News is Made<\/h5>\n<\/p><\/div>\n<p>Strict editorial policy that focuses on accuracy, relevance, and impartiality<\/p>\n<\/p><\/div>\n<div>\n<div>\n<h5>Ad discliamer<\/h5>\n<\/p><\/div>\n<p>Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div id=\"ftwp-postcontent\">\n<p>Wall Street\u2019s financial advisory machine now has a direct line to Bitcoin. <a href=\"https:\/\/www.morganstanley.com\/press-releases\/msim-enters-with-launch-of-morgan-stanley-bitcoin-trust\" target=\"_blank\" rel=\"nofollow\">Morgan Stanley<\/a> Investment Management launched its spot Bitcoin exchange-traded fund on NYSE Arca on Tuesday, backed by a network of roughly 16,000 financial advisors who can steer clients into the product through their standard brokerage accounts.<\/p>\n<h2 id=\"ftoc-heading-1\">First Bank-Affiliated Asset Manager To Cross The Line<\/h2>\n<p><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260408154536\/en\/Morgan-Stanley-Investment-Management-Enters-Digital-Investments-Universe-With-Launch-of-Morgan-Stanley-Bitcoin-Trust\" target=\"_blank\" rel=\"nofollow\">The fund,<\/a> trading under the ticker MSBT, tracks Bitcoin\u2019s daily price using the CoinDesk Bitcoin Benchmark 4 PM NY Settlement Rate \u2014 a pricing tool that pulls executed trade data from major Bitcoin spot exchanges to generate a standardized settlement figure.<\/p>\n<p>While BlackRock and Fidelity already offer Bitcoin ETFs, neither is affiliated with a traditional US bank. Morgan Stanley\u2019s <a href=\"https:\/\/fortune.com\/2026\/04\/08\/morgan-stanley-bitcoin-etf-msbt-launch-ethereum-solana\/\" target=\"_blank\" rel=\"nofollow\">entry<\/a> fills that gap and marks the first time a bank-linked asset manager has brought a cryptocurrency product of this kind to market.<\/p>\n<blockquote>\n<p dir=\"ltr\" lang=\"en\">LATEST: \ud83c\udfe6 Morgan Stanley launches its Bitcoin ETF on NYSE Arca today, becoming the first major US bank to offer a publicly traded spot Bitcoin fund. <a href=\"https:\/\/t.co\/r3un2WaSGs\" rel=\"nofollow\">https:\/\/t.co\/r3un2WaSGs<\/a> <a href=\"https:\/\/t.co\/lRV9IOsgEO\" rel=\"nofollow\">pic.twitter.com\/lRV9IOsgEO<\/a><\/p>\n<p>\u2014 CoinMarketCap (@CoinMarketCap) <a href=\"https:\/\/twitter.com\/CoinMarketCap\/status\/2041879755864338835?ref_src=twsrc%5Etfw\" rel=\"nofollow\">April 8, 2026<\/a><\/p>\n<\/blockquote>\n<p>Eric Balchunas of <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-04-08\/morgan-stanley-debuts-bitcoin-etf-as-price-slump-rattles-holders\" target=\"_blank\" rel=\"nofollow\">Bloomberg<\/a> called it a dramatic shift for the industry. Just a few years ago, he said, such a move from Morgan Stanley would have been unthinkable.<\/p>\n<h2 id=\"ftoc-heading-2\">Fees Set Below The Competition<\/h2>\n<p>Morgan Stanley priced <a href=\"https:\/\/www.morganstanley.com\/im\/en-us\/financial-advisor\/products\/etfs\/digital-assets\/morgan-stanley-bitcoin-trust.html\" target=\"_blank\" rel=\"nofollow\">MSBT<\/a> at a 0.14% sponsor fee \u2014 a hair below Grayscale Investments, which charges around 0.15% for a comparable product. It\u2019s a small difference on paper, but in a market where cost comparisons drive investor decisions, even a single basis point can tip the scales. The firm says that makes MSBT the lowest-cost Bitcoin ETP currently available among comparable offerings.<\/p>\n<figure><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.tradingview.com\/x\/KObQ30M7\/\" width=\"1835\" height=\"951\"><figcaption>BTCUSD now trading at $71,102. Chart: <a href=\"https:\/\/www.tradingview.com\/\" target=\"_blank\">TradingView<\/a><\/figcaption><\/figure>\n<p>BNY and Coinbase were tapped to handle custody of the fund\u2019s digital assets. BNY also takes on the administrator and transfer agent roles, covering accounting, record-keeping, and cash management. The combination of a legacy banking giant and a major crypto exchange signals a deliberate effort to meet institutional standards from the start.<\/p>\n<h3 id=\"ftoc-heading-3\">Launch Comes Amid Fresh Outflows Across Bitcoin Funds<\/h3>\n<p>The timing is not without friction. <a href=\"https:\/\/etfdb.com\/themes\/bitcoin-etfs\/\" target=\"_blank\" rel=\"nofollow\">Bitcoin ETF<\/a> products recorded their first week of net outflows just before MSBT went live, with close to $160 million pulled from these funds. Fidelity and Grayscale saw nearly $48 million and $42 million in withdrawals each.<\/p>\n<p>Despite the headwind, Morgan Stanley is pressing ahead. MSBT joins an ETF platform the firm launched in 2023, which now manages over $12 billion across 19 products. Adding a <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" target=\"_blank\" rel=\"nofollow\">Bitcoin<\/a> fund extends that lineup beyond traditional asset classes for the first time. Whether retail investors \u2014 guided by those thousands of financial advisors \u2014 will move in behind it remains the open question.<\/p>\n<p><em>Featured image from Unsplash, chart from TradingView<\/em><\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div id=\"author-box\">\n<p><img decoding=\"async\" alt=\"Christian Encila\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2023\/10\/Jet-Bitcoinist-Profile.jpg?resize=200%2C200\"  height=\"80\" width=\"80\">\t\t<\/p>\n<div id=\"5e13e4dcb9399df395170f89abc1a11c38653085\">\n<p>They say journalists never truly clock out. But for Christian, that&#8217;s not just a metaphor, it&#8217;s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.<\/p>\n<div>\n<p>Christian&#8217;s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later).<\/p>\n<p>Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling &#8211; right up his alley!<\/p>\n<p>So, he landed a killer gig at NewsBTC, where he&#8217;s one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). <\/p>\n<p>Think Christian&#8217;s all work and no play? Not a chance! When he&#8217;s not at his computer, you&#8217;ll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.<\/p>\n<p>Speaking of chill, Christian&#8217;s got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better.<\/p>\n<p>Here&#8217;s the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day &#8211; and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.<\/p>\n<p>Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors &#8211; and bosses &#8211; he deeply respects.<\/p>\n<p>So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><strong>Disclaimer:<\/strong> The information found on NewsBTC is for educational purposes \t\t\t\t\t\t\tonly. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any \t\t\t\t\t\t\tinvestments and naturally investing carries risks. You are advised to conduct your own \t\t\t\t\t\t\tresearch before making any investment decisions. Use information provided on this website \t\t\t\t\t\t\tentirely at your own risk.<\/p>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed [&hellip;]<\/p>","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-70462","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/70462","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/comments?post=70462"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/posts\/70462\/revisions"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/media?parent=70462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/categories?post=70462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/vi\/wp-json\/wp\/v2\/tags?post=70462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}