Morgan Stanley’s spot Bitcoin ETF MSBT added about 232.548 BTC worth $15.05 million, lifting holdings to 6,563 BTC valued at more than $426 million and taking the fund above 6,500 BTC for the first time. The move came with Bitcoin trading around $64,952 on Aug. 8, below the $67,523 realized price for short-term holders, a level CryptoQuant analyst Axel Adler Jr. said could keep pressure on recent buyers seeking to exit near break-even. Arkham also reported dip-buying by BlackRock, Fidelity and Franklin Templeton, which together added about $153 million in Bitcoin on Aug. 4, after U.S. spot Bitcoin ETFs had recorded $265 million in net outflows as Bitcoin tested $63,000 on Aug. 1. MSBT launched on April 8 with a 0.14% annual management fee.