Morgan Stanley’s MSBT Draws $103 Million in Six Trading Days, Surpassing WisdomTree Bitcoin ETF

JOON HYOUNG LEE

Summary

Morgan Stanley’s spot Bitcoin ETF MSBT recorded $103 million in cumulative net inflows just six trading days after its listing.
MSBT, helped by its 0.14%% fee, has overtaken the cumulative net inflows of WisdomTree’s spot Bitcoin ETF, which stood at $86 million.
Cumulative net inflows into IBIT, the top U.S. Bitcoin ETF, reached $64.3 billion, and some crypto ETPs could be liquidated by 2027 because of weak demand.

Forecast Trend Report by Period

Morgan Stanley’s newly launched spot Bitcoin exchange-traded fund has surpassed WisdomTree’s Bitcoin ETF in cumulative net inflows.

Cointelegraph reported on Aug. 15 that Morgan Stanley’s spot Bitcoin ETF, MSBT, had recorded cumulative net inflows of $103 million as of that day. The fund topped $100 million in cumulative net inflows just six trading days after its Aug. 8 debut.

MSBT’s cumulative net inflows are nearly $20 million higher than the $86 million posted by WisdomTree’s spot Bitcoin ETF, which launched in January 2024. Morgan Stanley’s 0.14% fee, one of the lowest in the Bitcoin ETF market, is seen as having helped attract the inflows.

BlackRock’s IBIT, the largest fund in the U.S. spot Bitcoin ETF market, had cumulative net inflows of $64.3 billion as of Aug. 15.

Separately, Bloomberg ETF analyst James Seyffart said late last year that multiple crypto exchange-traded products could be liquidated by 2027 because of weak demand. At the time, more than 126 crypto ETP applications were awaiting review by the U.S. Securities and Exchange Commission.

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