Morgan Stanley’s Bitcoin Trust, ticker MSBT, scooped up another 83 Bitcoin on May 21, pushing its total holdings to 3,472 BTC. For a fund that only started trading on April 9, that’s a remarkably fast accumulation curve.
The data, sourced from Arkham Intelligence, paints a picture of consistent, deliberate buying. Not the kind of splashy one-time purchase designed to generate headlines, but the steady drip-drip-drip of an institution methodically building a position.
From zero to 3,472 in six weeks
MSBT debuted on the NYSE Arca on April 9, 2026, and hit the ground running. Initial net inflows came in at roughly $30.6 million, with trading volume touching approximately $34 million in its early days.
By late April, the fund held around 2,620 Bitcoin. That means it has added more than 850 BTC in the weeks since, a roughly 33% increase in holdings over less than a month.
