Morgan Stanley's Bitcoin ETF draws $194M in first month with no outflows, showing strong investor demand.

Morgan Stanley's Bitcoin Trust ETF, launched on April 8, 2026, attracted nearly $194 million in net new capital in its first month without any days of net redemptions, reaching about $240 million in assets under management. Its low expense ratio of 0.14% and institutional backing have made it a competitive choice, with most early investments coming from self-directed clients rather than advisors. As the first major U.S. bank-affiliated spot Bitcoin product, it offers a regulated, transparent way to invest in Bitcoin, signaling growing acceptance of digital assets in traditional finance. The ETF's strong start suggests potential for further growth as more financial advisors integrate it into their offerings.