Morgan Stanley’s $116M Bitcoin ETF debut is tiny next to $1.9T, and that’s why Wall Street will notice

Morgan Stanley launched its spot Bitcoin ETF on Apr. 8 on NYSE Arca, calling MSBT the first cryptocurrency ETP from a US bank-affiliated asset manager and pricing its sponsor fee at 0.14%, the lowest Bitcoin ETP sponsor fee. By Apr. 16, Farside Investors‘ data showed cumulative net inflows of $116 million across seven trading sessions. Against Morgan Stanley Investment Management’s $1.9 trillion in assets under manag…