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.