Morgan Stanley is listing its first proprietary spot BTC▼$61,907.00-ETF on NYSE Arca on April 8, 2026, under the ticker MSBT.
This move makes the bank the first major US commercial bank to launch its own spot bitcoin exchange-traded fund (ETF), rather than simply offering third-party products to clients.
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The new fund features the lowest fee on the market at 0.14% annually. For comparison, market leaders BlackRock’s IBIT and Fidelity’s FBTC charge 0.25%.
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Morgan Stanley’s Advantages
MSBT’s main advantage will be the bank’s powerful distribution network. Approximately 16,000 financial advisors manage $6 trillion in assets. Morgan Stanley previously recommended clients allocate 2% to 4% of their portfolios to cryptocurrency. Now, advisors can offer their own product, keeping assets and fees within the bank’s ecosystem.
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The bank is actively expanding its crypto presence. In January, it filed applications for Ethereum (ETH) and Solana (SOL) ETFs. In February, it requested a national trust banking license for crypto asset custody, sales, and staking.
Investment Dynamics in the Crypto ETF Segment
On April 6, spot bitcoin ETFs attracted $471 million, the largest single-day inflow since February 25. The segment leaders were:
- BlackRock IBIT: $182 million
- Fidelity FBTC: $147 million
- ARK 21Shares ARKB: $119 million
Total inflows into crypto funds for the first week of April reached $224 million. Ethereum ETFs posted $120 million in a single day, breaking a three-month outflow streak.
Record Inflows Into XRP ETFs
Inflows into XRP▼$1.12-based funds were particularly notable. The segment attracted $119.6 million for the week, the highest since mid-December 2025. Since the start of 2026, XRP products have received $159 million.
Solana ETFs also maintained positive momentum, gaining $34.9 million for the week and $220 million year-to-date.
