Cyber Security

Morgan Stanley’s Spot Bitcoin ETF Soars to $139M in Assets in Nine Days

Morgan Stanley’s spot bitcoin ETF has amassed more than $139 million in BTC just nine days after launch, reflecting early institutional demand for the Wall Street giant’s latest crypto product.

Data from blockchain analytics company Arkham Intelligence shows the rapid accumulation underlines the growing desire of investors for controlled exposure to bitcoin through traditional financial channels.

The fund was issued with approximately $30.6 million in revenue and net assets of approximately $34 million, providing the first signal of demand from the bank’s largest wealth management network. MSBT has a base price of 14, undercutting many existing products and reinforcing the broader trend toward lower costs across the industry.