04/17/2026
Morgan Stanley Bitcoin ETF Breaks Records With Ultra-Low Fees
Morgan Stanley's new MSBT bitcoin ETF attracted over $100 million in its first week by offering a market-leading 0.
What happened: Morgan Stanley's new MSBT bitcoin ETF attracted over $100 million in its first week by offering a market-leading 0.14% management fee—the lowest among major bitcoin ETFs. The launch has sparked fresh competition from rivals including Goldman Sachs, who are now considering similar fee structures.
Why it matters: The fee war among traditional financial giants demonstrates how seriously they're taking the crypto ETF market, with margins compressing rapidly. This benefits investors but pressures smaller ETF providers who can't match the scale economics of major Wall Street banks.
Source: CoinDesk