MSBT JUST UNDERCUT BLACKROCK ON FEES $MSBTMorgan Stanley filed an updated S-1 for its spot Bitcoin ETF with a 0.14% fee, undercutting every existing U.S. rival and sharpening the institutional fee war. The product is tied to a 16,000-advisor network managing roughly $6.2 trillion, with Coinbase on custody and BNY Mellon handling cash and administration, while SEC approval is still the final gate.

This matters because fees decide advisor behavior. If Morgan Stanley gets the green light, MSBT could become the easiest Bitcoin allocation for traditional portfolios, and that can redirect serious flow from higher-cost wrappers.

Not financial advice. Manage your risk.

#Bitcoin #BTC #Crypto #ETF #MorganStanley

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