Morgan Stanley's Bitcoin ETF Sees Strong First Day
April 9, 2026 at 09:27
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✦ AI Summary
- The fund attracted $31 million on its debut
- It features a competitive expense ratio of 0.14%
- This launch comes amid ongoing Bitcoin ETF outflows
Morgan Stanley's newly launched Bitcoin ETF has made a notable entrance by securing $31 million in investments on its first trading day. This development occurs during a period marked by the second consecutive day of outflows from other Bitcoin ETFs in the market. To distinguish itself from competitors, this fund boasts a low expense ratio of just 0.14%, appealing to investors looking for cost-efficient options in the cryptocurrency space.
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