🚨 BIG: Morgan Stanley files lowest-fee spot Bitcoin ETF
What is happening? $ASTER
• 0.14% sponsor fee in S-1 filing 📄
• Undercuts Grayscale (0.15%)
• Below BlackRock (0.25%) $ZEC
• James Seyffart sees early April launch
What this suggests:
• Fee war intensifying among ETF issuers
• Lower costs could attract institutional flows $ADA
• Competitive pressure on existing products
Context:
• Spot BTC ETFs already driving capital inflows
• Fees key factor for large allocators
📊 Market takeaway:
Bullish. Lower fees may accelerate ETF adoption and boost BTC demand.