Bloomberg Analyst: Morgan Stanley Bitcoin ETF will charge a 14 basis point fee, expected to launch within two weeks

robot
Abstract generation in progress

Golden Finance reports that Eric Balchunas, a senior ETF analyst at Bloomberg, posted on the X platform revealing that Morgan Stanley’s Bitcoin ETF is expected to launch within the next two weeks. The ETF will charge a fee of 14 basis points, which is 11 basis points lower than BlackRock’s IBIT, making it the market’s lowest-cost spot Bitcoin ETF. This means that when using the product, funds will not experience conflicts of interest, and there is an opportunity to access external assets.
It is worth noting that this will be the first bank institution in the United States to launch a Bitcoin spot ETF. Morgan Stanley currently has approximately 16,000 financial advisors managing assets totaling $6 trillion, and is regarded as an important gateway for high-net-worth capital; its entry could significantly impact the market’s capital structure.

BTC-2.6%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin