Morgan Stanley just added another 220-plus Bitcoin to its growing stash through its MSBT spot ETF, pushing total holdings past 3,779 BTC. At current valuations, that pile is worth approximately $236 million.
Here’s the thing: this isn’t some crypto-native fund or a Silicon Valley venture shop making the purchase. It’s the first spot Bitcoin ETF directly issued by a major US bank.
The MSBT ETF: a quiet juggernaut
MSBT launched on April 8, 2026, on NYSE Arca with a management fee of 0.14%. That makes it the cheapest spot Bitcoin ETF on the market, undercutting every competitor at the time of launch.
The fund pulled in $34 million on its very first trading day. Within its first month, MSBT attracted $193.6 million in total inflows with zero outflows during that entire period.
