Morgan Stanley Launches Bitcoin ETF With Low Fees

Morgan Stanley’s spot Bitcoin ETF is set to begin trading Wednesday under the ticker MSBT.

The fund, which holds Bitcoin directly and tracks the CoinDesk Bitcoin Benchmark, will be listed on NYSE Arca. It features a 0.14% annual delegated sponsor fee-lower than most competitors.

The trust is backed by BNY and Coinbase Custody Trust Company as custodians. Initial creation baskets total around $1 million, with 50,000 shares issued before listing.

This marks a significant move by Morgan Stanley into crypto investing. The bank previously became the first major U.S. bank to file for spot Bitcoin and Solana ETFs.

Morgan Stanley plans to offer Bitcoin, Ether, and Solana trading via E*Trade in 2026 through a partnership with Zerohash.