Back

Morgan Stanley’s MSBT Records Zero Outflows in First Trading Month

Morgan Stanley’s spot bitcoin ETF completed its first month of trading without a single day of net outflows, standing out as some larger competing funds recorded repeated redemption sessions over the same period.

BTC

Fact Check
All specific figures in the claim are directly confirmed by multiple independent sources. The Block reports exactly $193.6 million in cumulative net inflows and $239.6 million in net assets by May 7, with zero outflow days across 22 trading days since the April 8 launch. SoSoValue's live ETF dashboard independently shows $193.60M cumulative net inflow and $239.64M net assets as of May 8, 2026, with MSBT ranked 11th among U.S. spot Bitcoin ETFs. CryptoSlate further corroborates the zero-outflow record and the ~$193M inflow figure. The April 8 launch date is also confirmed. There are no conflicting data points across any source. The claim is accurate in all material respects.
    Reference: 123
Summary

Morgan Stanley’s spot bitcoin ETF MSBT completed its first trading month without a single day of net outflows. Earlier reported figures showed the fund recording $193.6 million in cumulative net inflows and $239.6 million in net assets as of May 7, following its April 8 listing. The new report emphasizes that MSBT maintained its zero-outflow streak even as larger rival funds saw repeated redemption sessions during the same period.

Terms & Concepts
  • spot bitcoin ETF: An exchange-traded fund that seeks to track the market price of Bitcoin directly rather than through derivatives.
  • Outflows: Net investor withdrawals from a fund, typically used to measure redemptions and declining demand.
  • net inflows: The total amount of money entering a fund after subtracting withdrawals over a given period.