Morgan Stanley launches low-cost Bitcoin spot ETF with an annual fee of 0.14%, the lowest in the United States.

MarsBitNews · 2026-03-30T13:59:36+00:00

The New York Stock Exchange has approved Morgan Stanley's Bitcoin spot ETF, ticker symbol MSBT, managed and custodied by Coinbase and BNY Mellon. The fund has an annual fee rate of 0.14%, the lowest in the market, and is the first Bitcoin spot ETF issued by a major U.S. bank. Trading is expected to commence within a few days.

MarsBitNews

2026-03-30 13:59:36

Abstract generation in progress

Mars Finance news: The New York Stock Exchange has officially approved the listing of Morgan Stanley’s Bitcoin spot ETF. The product will trade on NYSE Arca under the ticker code MSBT. The fund will hold actual Bitcoin, with Coinbase handling cold-storage custody and BNY Mellon responsible for cash management, administrative services, and transfer agent functions. MSBT’s annual fee rate is 0.14%, lower than Grayscale’s current lowest rate of 0.15% and BlackRock’s IBIT at 0.25%, making it the lowest among all U.S. Bitcoin spot ETFs. MSBT is also the first Bitcoin spot ETF directly issued by a U.S. major bank. Morgan Stanley has more than 16,000 financial advisors and plans to offer retail crypto trading through the E*Trade platform. The total assets under management in the U.S. Bitcoin spot ETF market are currently about $83 billion. Analysts believe trading could begin within days to a few weeks.

BTC0.08%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.