Morgan Stanley’s MSBT Bitcoin ETF reaches $635 million in net assets

  • Morgan Stanley’s MSBT Bitcoin ETF reached $635 million in net assets and accumulated and withdrew 48.712 BTC from Coinbase Prime.
  • MSBT recorded $538 million in cumulative net inflows, while 487.13 BTC received over the past week was valued at about $38.45 million.
  • The fund listed on the New York Stock Exchange on April 8 and has recorded only one daily net outflow, a $5.26 million withdrawal on May 29.

Morgan Stanley’s spot Bitcoin exchange-traded fund, the Morgan Stanley Bitcoin Trust (MSBT), reached $635 million in net assets as of Sept. 14, with cumulative net inflows of $538 million since its April 8 New York Stock Exchange listing. Onchain Lens monitoring cited by PANews on Sept. 15 showed the fund again accumulated and withdrew 48.712 BTC from Coinbase Prime, worth approximately $3.85 million, contributing to 487.13 BTC received over the past week, valued at about $38.45 million. MSBT recorded its only daily net outflow on May 29, when investors withdrew $5.26 million, while its latest session added $9.75 million in Bitcoin exposure and extended its inflow streak to five trading days.

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