Morgan Stanley Launches MSBT Bitcoin ETF With 0.14% Fee, Challenging BlackRock’s IBIT

Morgan Stanley has officially entered the Bitcoin ETF market with the launch of its MSBT fund, offering the lowest fee in the industry at just 0.14%.
This aggressive pricing undercuts BlackRock’s dominant iShares Bitcoin Trust (IBIT), which charges around 0.25%, signaling the start of a new fee war among institutional crypto investment products. The move highlights growing competition as traditional financial giants race to capture inflows in the rapidly expanding spot Bitcoin ETF market.
Beyond pricing, MSBT reflects deeper institutional adoption of crypto, with Morgan Stanley leveraging its massive wealth management network and thousands of advisors to distribute the product at scale. While IBIT still leads in assets and liquidity, the introduction of a lower-cost alternative could reshape investor preferences, accelerate fee compression across the sector, and mark a turning point in how Wall Street integrates Bitcoin into mainstream portfolios.
Clever Robot News Desk 10th April 2025



