Morgan Stanley's Bitcoin Trust ETF (MSBT), launched on April 8 with a low 0.14% fee, has quickly attracted $103 million in inflows, surpassing WisdomTree's Bitcoin Fund (WBTC) which has $86 million since January 2024. Despite this strong start, Morgan Stanley still trails market leaders BlackRock's IBIT with $64.3 billion and Fidelity's Bitcoin Fund with $10.9 billion. The growing competition and new ETF launches, including Goldman Sachs' planned Bitcoin ETF, highlight increasing institutional confidence in Bitcoin's long-term potential.
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Strategy's new Bitcoin Banking Adoption Index ranks 25 major global banks on their integration of bitcoin services, with an overall adoption score of 32%. Fidelity leads the pack with a 71% score, offering a wide range of bitcoin-related products inc...
