Morgan Stanley Bitcoin ETF Sees $30M First-Day Inflows

Morgan Stanley's new Bitcoin ETF has made a significant impact by attracting $30.6 million in inflows on its first day of trading. This impressive debut positions it as the second-largest launch, trailing only behind BlackRock's IBIT ETF. Despite this upbeat start for Morgan Stanley, it's noteworthy that US spot Bitcoin ETFs collectively faced net outflows on the same day, highlighting a mixed market response to cryptocurrency investment products.