{"id":80046,"date":"2026-04-09T13:03:20","date_gmt":"2026-04-09T13:03:20","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=80046"},"modified":"2026-04-09T13:03:20","modified_gmt":"2026-04-09T13:03:20","slug":"morgan-stanleys-msbt-bitcoin-etf-debuts-with-34m-in-first-day-trading-volume","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=80046","title":{"rendered":"Morgan Stanley\u2019s MSBT Bitcoin ETF Debuts with $34M in First-Day Trading Volume"},"content":{"rendered":"
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Banking giant Morgan Stanley\u2019s long-awaited spot Bitcoin ETF, MSBT, started trading yesterday on NYSE Arca.<\/p>\n

And on its first day, it pulled in about $34 million in trading volume and saw over 1.6 million shares traded.<\/p>\n

Morgan Stanley Debuts Low-Fee BTC ETF<\/h2>\n

ETF analyst Eric Balchunas had described MSBT\u2019s debut as \u201carguably the biggest Bitcoin ETF launch since they began,\u201d giving it a first-year AUM target of $5 billion.<\/p>\n

Halfway through its first trading session, Balchunas reported that the product had reached<\/a> $27 million, and this was after he had estimated it would hit $30 million, before revising his projection to $50 million, which he said would put the debut in the top 1% of ETF launches. Eventually, it added another $7 million to close the day, drawing $34 million in total.<\/p>\n

The fund launched with a 0.14% fee, which NovaDius Wealth President Nate Geraci called<\/a> \u201cthe lowest cost spot BTC ETF on market.\u201d That pricing undercuts competitors such as BlackRock\u2019s IBIT, which charges 0.25%, and Grayscale\u2019s Bitcoin Mini Trust at 0.15%.<\/p>\n

Allyson Wallace, Morgan Stanley\u2019s global head of ETFs, told<\/a> Bloomberg that the low fee was a deliberate strategy meant to show the bank\u2019s commitment to the product. According to her, demand has been high, especially from high-net-worth investors.<\/p>\n

On-chain and fund flow data support her sentiment, with Bitcoin ETF tracking account HODL15Capital reporting that MSBT bought<\/a> 430 BTC on its first day.<\/p>\n

ETF Flows Remain Uneven<\/h2>\n

It has been a mixed period for spot Bitcoin ETFs, with SoSoValue\u2019s data showing total net outflows of about $124 million across the funds yesterday. Before that, the funds collectively lost $159 million, breaking a two-day green run from last Thursday that saw about $480 million in net inflows.<\/p>\n

Meanwhile, BTC itself is trading just above $71,000, shaving off almost $1,800 from a three-week peak near $73,000 that it hit<\/a> after reports emerged that Iran would require ships transiting the Strait of Hormuz to pay a toll in Bitcoin.<\/p>\n

Morgan Stanley\u2019s entry also builds on earlier filings disclosed in January 2026, when the bank submitted<\/a> proposals for Bitcoin and Solana-linked funds. At the time, reports pointed to a broader shift among large financial institutions moving from distributing third-party products to issuing their own.<\/p>\n

MSBT\u2019s structure reflects that transition. The fund combines traditional custody through BNY Mellon with crypto-native infrastructure from Coinbase, while offering exposure to Bitcoin price movements without requiring direct ownership of the asset.<\/p>\n

The post Morgan Stanley\u2019s MSBT Bitcoin ETF Debuts with $34M in First-Day Trading Volume<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Banking giant Morgan Stanley\u2019s long-awaited spot Bitcoin ETF, MSBT, started trading yesterday on NYSE Arca. And on its first day, it pulled in about $34 million in trading volume and saw over 1.6 million shares traded. Morgan Stanley Debuts Low-Fee BTC ETF ETF analyst Eric Balchunas had described MSBT\u2019s debut as \u201carguably the biggest Bitcoin […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-80046","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/80046","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=80046"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/80046\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=80046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=80046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=80046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}