Morgan Stanley to Launch Bitcoin ETF on NYSE Arca Today with 0.14% Fee

Highlights:

• Morgan Stanley is set to launch its first spot Bitcoin ETF on the NYSE Arca stock exchange today.
• The low fees of the ETF could help Morgan Stanley compete with established market leaders.
• Morgan Stanley has expanded its crypto strategy with new ETF filings and tokenized asset offerings.

Morgan Stanley, an American multinational investment bank, is set to launch its Bitcoin exchange-traded fund today on the NYSE Arca stock exchange. The fund will trade under the ticker MSBT after the New York Stock Exchange confirmed the listing on Tuesday. This launch makes Morgan Stanley the first major U.S. commercial bank to offer a spot Bitcoin ETF to public investors.

BIG: Morgan Stanley (managing $6T in assets) is set to launch the first bank-sponsored spot #Bitcoin ETF tomorrow.

With 16,000 financial advisors ready to push it, this could be a massive catalyst for $BTC adoption.

Their Chief Strategy Officer is already calling it the… pic.twitter.com/lgsi3ugmhL

— SWFT Blockchain (@SwftCoin) April 8, 2026

Morgan Stanley scheduled the MSBT debut nearly two years after Grayscale launched its Bitcoin Mini Trust ETF. The product enters a market where existing Bitcoin ETFs already hold significant assets. BlackRock and Fidelity also introduced their funds and secured early market share.

U.S. regulators approved the MSBT product before its listing, which allows the fund to trade on a regulated exchange.

Morgan Stanley set the MSBT expense ratio at 0.14%, which covers management, administrative, and operational costs tied to the fund. This pricing sits below BlackRock’s iShares Bitcoin Trust, which charges a 0.25% fee for similar exposure.

In comparison, VanEck applies a temporary zero-fee structure to its Bitcoin ETF through a waiver that expires in July or after reaching a defined asset level. However, Morgan Stanley introduced a fixed pricing model from launch, which gives investors a stable cost structure.

Morgan Stanley selected Coinbase Custody and BNY Mellon to safeguard the fund’s assets and support settlement operations. These firms provide institutional-grade custody infrastructure that protects digital assets and ensures secure transaction processing.

Low Fee and Advisor Reach Support Morgan Stanley Bitcoin ETF Push

Morgan Stanley introduced MSBT with a low expense ratio to compete directly with the existing Bitcoin ETF products. BlackRock and Fidelity currently dominate the Bitcoin ETF market with strong capital inflows. According to Farside Investor data, their funds have experienced a combined net inflow of $74.3 billion since inception.

While commenting on the launch, Bloomberg ETF analyst Eric Balchunas earlier said, “This launch stands out because it marks the first time a major bank is offering a spot Bitcoin ETF. Morgan Stanley has about 16,000 advisors managing nearly $6 trillion in assets, and these advisors act as key gatekeepers to high-net-worth investor capital.”

Again, the reason this particular launch is so interesting is that this will be the first bank to put out spot btc ETF and this bank happens to have 16k advisors managing $6T in assets. They are the ultimate gatekeepers of rich boomer money.

— Eric Balchunas (@EricBalchunas) March 27, 2026

Bank Expands Crypto Plans Beyond Bitcoin ETF

Beyond the Bitcoin ETF launch, Morgan Stanley recently filed for additional exchange-traded funds in January, including a staked Ether ETF and a Solana ETF. Morgan Stanley plans to offer exposure across multiple blockchain networks beyond Bitcoin through the other filings.

Meanwhile, Morgan Stanley applied for a national trust banking charter in February to expand its digital asset capabilities. This charter would allow the bank to custody crypto assets directly and offer trading, asset swaps, and staking services to clients.

The firm also plans to offer tokenized versions of U.S. stocks and ETFs through its internal Alternative Trading System platform. This platform will allow clients to trade traditional assets in tokenized form within a controlled environment.

The launch of the Bitcoin ETF comes at a time when BTC has rebounded to above $70,000 after a ceasefire in the Iran-Israel conflict. The two-week ceasefire, announced by President Trump, turned the market green, with most cryptocurrencies trading in the green zone. BTC is currently trading at $71,710, a 3.91% increase in the past day. In addition, its trading volume is up 55.94% to $50.46 billion.