Morgan Stanley’s spot Bitcoin ETF has accumulated over $139 million in BTC within nine days of launch, indicating strong early institutional demand for the firm’s new crypto offering.
U.S. spot bitcoin ETFs saw $996.4 million in net inflows last week — the strongest since mid-January — extending a three-week streak that has added over $1.8 billion and pushed year-to-date flows back above $1 billion after earlier outflows.
Morgan Stanley officially launched the first U.S. bank-issued spot bitcoin ETF, undercutting rivals on fees and leveraging its massive advisor network to challenge BlackRock’s dominance.
BlackRock has advanced its Bitcoin premium income ETF strategy, revealing the ticker $BITA for a new fund positioned as a yield-focused sequel to its existing Bitcoin ETF lineup.