
Data from SoSoValue and Farside indicates Morgan Stanley’s spot Bitcoin ETF MSBT drew more than $100 million in net inflows in its first six trading days, highlighting intensifying competition in the U.S. spot Bitcoin ETF market.
Morgan Stanley’s spot Bitcoin ETF, MSBT, recorded cumulative net inflows of $103 million across its first six trading days, according to SoSoValue and Farside data. The total exceeded WisdomTree’s $86 million over the same period, with the article describing competition in the U.S. spot Bitcoin ETF market as intensifying. This adds to earlier Arkham data showing the Morgan Stanley-linked MSBT ETF bought $83.6 million in Bitcoin after launch, while its on-chain address held about $64.4 million in BTC at the time.