Morgan Stanley Bitcoin ETF Records $194 Million Inflows in First Month

Morgan Stanley’s spot Bitcoin ETF made a strong market entry, attracting nearly $194 million in inflows during its first month of trading without recording a single day of net outflows. The steady demand comes as institutional interest in Bitcoin investment products continues to recover.

Morgan Stanley Bitcoin ETF Sees Strong Investor Demand

Launched on April 8, the Morgan Stanley Bitcoin Trust (MSBT) gathered around $193.6 million in cumulative net inflows and reached nearly $239.6 million in net assets by May 7. Market data showed the fund logged 17 days of positive inflows and five sessions with flat activity, maintaining a rare zero-outflow streak.

The performance stood out even during periods when the wider US spot Bitcoin ETF market faced heavy withdrawals. On May 7 and May 8, the broader sector recorded outflows exceeding $277 million and $145 million, while MSBT still posted positive inflows.

Low Fees and Advisor Network Could Boost Growth

MSBT currently offers the lowest annual fee among US spot Bitcoin ETFs at 0.14%, giving it a competitive edge. Most early investments reportedly came from self-directed clients, while Morgan Stanley’s large advisor network has yet to fully distribute the fund, potentially opening another source of demand in the coming months.