Morgan Stanley may be about to upend bitcoin$BTC ETF pricing. The firm's Amendment No. 3 S-1 filing on March 27 outlined a proposed fee structure for a spot bitcoin product that, if approved, would undercut every rival on cost. Bloomberg ETF analyst Eric Balchunas flagged the development on X, calling it a "semi-shock" — Morgan Stanley's proposed 14 basis point fee would make it the cheapest spot bitcoin ETF on the market, sitting 11 basis points below BlackRock's IBIT.
BTC
65,893.47
-0.74%